SolidX, a crypto startup, presented this deck to the Securities and Exchange Commission last week, officials from the Division of Trading and Markets, the Division of Corporation Finance and the Divison of Economic and Risk Analysis were all in attendance.
The presentation offers insight into the arguments being made in favor of the bitcoin ETF, including “significant changes in product, market structure and overall circumstances since March 2017 disapproval“.
While a decision was expected soon, the Commission has announced it will delay its decision: “Accordingly, the Commission … designates September 30, 2018, as the date by which the Commission shall either approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change…”
Stay tuned, dear readers…