skip to Main Content
SEC Delays BTC ETF – VanEck-SolidX

SEC Delays BTC ETF – VanEck-SolidX

Bitcoin price free falls almost 8% after the SEC delays the VanEck-SolidX ETF proposal, it is known that US SEC always takes it time and delay their answers as it is their right to do so, the hype after the VanEch-SolidX ETF proposal was big, not one of the biggest we have seen on crypto yet but it was big a enough to move Bitcoin almost $2k with its highest of last month at $8400.00.

US SEC can delay this ETF approval or negation for over 200 days and its aloud to do so, Eduardo A. Aleman, an assistant secretary at the SEC mention that The Comission has decided that it would be better for the decision to take a longer period so they can figure out exactly every aspect and risks of this proposal.


We will have to wait for SEC decision but after this news and Bitcoins recent free fall for sure we will visit the $6k mark again, it better hold if we don’t want to see a $4k Bitcoin, this ETF proposal was the only thing that move the market, other positive news came out during that period but in my opinion all was cloud chasing.

Good luck

DISCLAIMER: The information Cryptoxicate.com or its media channels not limited to Twitter, Telegram, Discord, Instagram, Facebook, or any upgcomming social media platform or internet search engine results is not financial advice. This information is for informational and entertainment purposes only. Any information provided are only and simple thoughts and opinions, you must not follow any of this thoughts and look for a profesional financial advisor since we are not any type of advisors. Dont not get into crypto currencies since its a high risk investment if you do not have the proper guidance and any investment that you made is your own responsability and no one else.

Share & Contact

bitcoin
Bitcoin (BTC)
$
21,308.00
ethereum
Ethereum (ETH)
$
1,229.34
chainlink
Chainlink (LINK)
$
7.05
uniswap
Uniswap (UNI)
$
5.85
celsius-degree-token
Celsius Network (CEL)
$
0.861878
hive
Hive (HIVE)
$
0.407994
steem
Steem (STEEM)
$
0.229234
lbry-credits
LBRY Credits (LBC)
$
0.012388
solana
Solana (SOL)
$
40.96
crypto-com-chain
Cronos (CRO)
$
0.127545
polkadot
Polkadot (DOT)
$
8.08
Back To Top