The US Securities and Exchange Commission postponed its decision to approve NYDIG’s Bitcoin Spot Exchange Traded Fund (ETF).Bitcoin), postponed to March 16.

in a Notice The US Securities and Exchange Commission said in a report released on Tuesday that “it is appropriate to designate a longer period to issue an order to approve or disapprove an ETF.”As soon as the news came out, the price of BTC did not shrink and remained at Its tightly coiled range is less than 47,000 USD.

In a hopeful turn of events, a major figure in the US Securities and Exchange Commission has been vocal in support of spot ETFs.Although encryption enthusiasts are used to Rejection and delay of BTC spot ETFSEC Commissioner Hester Peirce also wanted to know why it took so long.

In an interview with industry media, the commissioner said: “I can’t believe we are still talking about this, as if, you know, we are waiting for something to happen. […] We even issued a series of denials recently, and these denials continue to use reasoning that I thought was outdated at the time. “

related: What hinders pure Bitcoin ETF?

NYDIG first suggested The ETF on February 16 last year, and the deadline for the most recent like is January 15. If approved, it will become the first spot Bitcoin ETF in the United States.

U.S. investors can gain exposure to BTC The latest ETF via Valkyrie Provided or through popular ProShares BTC Futures Contract Fund. However, investors still covet Direct access to the asset.

At the border, Fidelity Canada launched BTC December ETFs and mutual funds, While investors in Brazil and Latin America can Leverage BTC spot ETF. This begs a question: When will spot ETFs land in the US?

There are more than 20 BTC-related ETFs waiting for approval or rejection in the U.S. ETF.com, Of course, 2022 is a year.