The Bitcoin (BTC) ETF saga at the SEC will go on for a while with another pair of ETF sponsored by two firms – ProShares in conjunction with NYSE Arca – due for a verdict on this Thursday, August 23rd. The two ETFs are the ProShares Bitcoin ETF and the ProShares Short Bitcoin ETF. The ruling on these two ETFs cannot be postponed further under the SEC rules.
The good thing about this ETF, is that the crytpo-verse is aware of the pending deadline and that it is sponsored by a different firm other than the one we are eagerly awaiting for on the 30th of September. The latter ETF that was postponed by the SEC, has been sponsored by CBOE, VanEck and SolidX.
https://dictoms.com/this-thursday-sec-will-decide-the-fate-of-proshares-bitcoin-etfs/