US Regulator Again Delays Decision on Eco-Friendly Bitcoin ETF, Pushes Deadline to November
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 05 2024SEC Delays Bitcoin ETF Decision: The SEC has postponed its decision on the sustainable Bitcoin ETF, specifically the carbon-offset Bitcoin ETF, for the second time, now set for November 21, 2024, due to concerns over its complexity and environmental impact.
Industry Reactions and Future Implications: The delay has elicited mixed reactions within the crypto community, with some viewing it as necessary regulatory caution while others see it as a barrier to innovation in green investments; if approved, the ETF could set a precedent for environmentally conscious financial products in the crypto market.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
