Today Coindesk published an article indicating that the Bitcoin ETF hearing for the ETF submitted by Direxion Investment back in January 2018, has been postponed to September 21st 2018. This was indicated in the latest Federal Register, Volume 83.
One thing I find interesting is that while leading up to this ETF hearing, sentiment from the cryptocurrency community at large has been extremely positive. This is however in stark contrast to the actual number of comments that have officially been submitted, which is sitting at an underwhelming total responses of 2, of which the latest was submitted May 18th 2018
The actual 2 responses can be seen here:
- https://www.sec.gov/comments/sr-nysearca-2018-02/nysearca201802-3665013-162424.pdf
- https://www.sec.gov/comments/sr-nysearca-2018-02/nysearca201802-3676326-162451.pdf
With that being said, one thing to take note of is that the two ETFs filed by CBOE (VanEck and SolidX) are not delayed!