The US SEC has delayed the approval of several crypto ETF applications and solicited feedback, including the physical subscription mechanism of BlackRock Bitcoin ETF

PANews reported on May 14 that according to The Block, the U.S. Securities and Exchange Commission (SEC) announced that it would postpone its decision on the physical subscription mechanism of BlackRock's Bitcoin ETF and began to solicit public opinions. If the mechanism is approved, it will allow investors to subscribe and redeem ETF shares directly in Bitcoin instead of cash, improving transaction efficiency. The rule amendment submitted by Nasdaq in January this year showed that iShares Bitcoin Trust intends to adopt this model, but the SEC previously preferred a cash settlement mechanism. On the same day, the SEC postponed the approval of Grayscale Litecoin Trust and Grayscale Solana Trust and requested public opinions. The SEC also solicited public opinions on the 21Shares Dogecoin ETF on Tuesday.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
1 hour ago
3 hour ago
6 hour ago
6 hour ago
6 hour ago
2025-12-20 14:51

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读