SEC Stays Wednesday Decision Denying Bitcoin ETF Applications, Commission Will Review

Peirce — who criticized the agency’s recent disapproval of a Winklevoss-backed bitcoin ETF — posted a copy of a letter, sent by the agency and addressed to NYSE, attesting to the fact that the chairman and commissioners will personally review the applications to determine whether SEC staff ruled appropriately.

The letter does not give a timetable for when the Commission will make that determination.

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