Markets
Share this article

SEC Delays Decision on Valkyrie Bitcoin ETF

The SEC designated Aug. 10 as the revised date when it will approve or disapprove Valkyrie's application.

By Jamie Crawley
Updated Mar 8, 2024, 4:27 p.m. Published Jun 23, 2021, 9:02 a.m.
jwp-player-placeholder

The U.S. Securities and Exchange Commission (SEC) delayed a decision on another bitcoin exchange-traded fund (ETF), this time one from Valkyrie Digital Assets.

  • In a filing Tuesday, the SEC said it extended the 45-day window to make a decision, which was due to expire June 26.
  • The SEC designated Aug. 10 as the revised date for a decision on the Valkyrie Bitcoin Fund.
  • This announcement comes a week after the SEC delayed judgment on the VanEck Bitcoin Trust for a second time, requesting interested parties to answer questions on the susceptibility of a bitcoin ETF to market manipulation.
  • An application by WisdomTree was delayed on June 2.
  • The delay on Valkyrie's application, therefore, was not unexpected.

Read more: Bloomberg Analyst ‘Optimistic’ on US Bitcoin ETF This Year

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy.

Securities and Exchange CommissionValkyrieBitcoin ETF

Больше для вас

Accelerating Convergence Between Traditional and On-Chain Finance in 2026?

Автор CoinDesk
30 янв. 2026 г.
logo
Commissioned bySociete Generale-FORGE

Прочитать полную историю

Больше для вас

BlackRock's digital assets head: Leverage-driven volatility threatens bitcoin’s narrative

Автор Helene Braun|Редактор Jesse Hamilton
12 часов назад
(Emanuele Cremaschi/Getty Images)

Rampant speculation on crypto derivatives platforms is fueling volatility and risking bitcoin’s image as a stable hedge, says BlackRock’s digital assets chief.

Что нужно знать:

  • BlackRock digital-assets chief Robert Mitchnick warned that heavy use of leverage in bitcoin derivatives is undermining the cryptocurrency’s appeal as a stable institutional portfolio hedge.
  • Mitchnick said bitcoin’s fundamentals as a scarce, decentralized monetary asset remain strong, but its trading increasingly resembles a "levered NASDAQ," raising the bar for conservative investors to adopt it.
  • He argued that exchange-traded funds like BlackRock’s iShares Bitcoin ETF are not the main source of volatility, pointing instead to perpetual futures platforms.
Прочитать полную историю