" The Commission designated April 23, 2017, as the date by which it should
approve, disapprove, or institute proceedings to determine whether to approve or
disapprove the proposed rule change."
They seem to be dragging their butts on this or the decision has been made and its just not published yet.
https://www.sec.gov/rules/sro/nysearca/2017/34-80501.pdfThe document gives no indication for either approval or disapproval and as such it's purely speculation. Based on history it's likely to be rejected or they will have to explain why they rejected the bitcoin ETFs. There would be no logic to rejecting something based on a highly secure system like BTC and then accepting a much less secure item with a history of failure.