Some information I am mentioning here hopefully may be helpful. The date for a decision can be no sooner than August 16. Even then, the date can be extended if required and even once the eventual date does arrive the SEC can still initiate further proceedings to assist in decision making. a large contingent of avid bitcoin investors and traders out there who have been eagerly awaiting this decision. On August 16 there is a lot could happen to cryptocurrency spot markets between now and that time for the cryptocurrency market.
The decision is postponed as far as I understand we cannot expect a decision before September.
Check the link in the previous comment.
Again, SEC only postponed Direxion application and not the
VanEck SolidX application. So I guess we can still say that we are on track as far as the Aug scheduled and this Bitcoin ETF is the most awaited of them all and this is the main driver for the recent spike on the price that we are witnessing. So its going to be very critical, the effect of the decision is going to be huge. Everyone's decision is hanging right now until we see what will be the final verdict, IMHO.