The SEC Delays Bitcoin ETF Decision and Bitwise Withdraws Application
The US Securities and Exchange Commission (SEC) has announced a delay in deciding on seven Bitcoin spot ETF proposals due to the need for additional review time and to address concerns thoroughly. This comes after the court forced the SEC to reevaluate Grayscale’s proposal. The regulator plans to announce its decisions in October 2023, and the US still does not have an approved Bitcoin ETF.
- SEC delays decision on seven Bitcoin spot ETF proposals
- Bitwise withdraws Bitcoin and Ether Market Cap Weight Strategy ETF
- Crypto prices negatively affected by SEC delay and Bitwise withdrawal
- Bitcoin price crashes back under $26,000
- Analysts bearish on BTC, predicting further drop to $18,500 or recovery if $25,000 zone holds
Wall Street Memes Token Sale
A meme coin inspired by the WallStreetBets subreddit has been selling tokens, raising over $25 million. The token is currently available for purchase before it gets listed on tier 1 exchanges. The listing is expected to occur in 26 days, and buyers can use BNB, USDT, ETH, or a credit/debit card to participate.
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