SEC Delays Bitcoin ETF Despite 1,400 Public Comments in Favor

[reactorjuno]

Next time they'll have to make a decision will be on December 29, but I doubt at that time they'll decide anything, so they will most likely delay it again until February 27, this will be the crucial moment then.

No ETF won't have any impact on Bitcoin in my opinion as Bitcoin has always existed without an ETF, however it can only be positive (big positive if you ask me) if it is accepted (probably next year at the end of February).

[1715628215]

1715628215

[1715628215]

1715628215

[pooya87]

What is somewhat surprising is that the SEC seemingly igored some 1,400 comments submitted to the SEC for the VanEck SolidX Bitcoin ETF, with virtually all of them in favor of it.

there is nothing surprising about that in my opinion. those comments are completely pointless. in fact i believe it was ruined in a way because it became spammy at some point. when people everywhere were hyping it up and encouraging people to go there and make a comment, that is what we end up with.
besides SEC doesn't make decisions based on these things! they have their own process which if you think about it and read their previous reasons for rejection you can see nothing has changed.