SEC Delays Decision on Spot ETFs for Polkadot, Hedera, and a Fund for Bitcoin and Ethereum

Description

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on several proposed spot cryptocurrency exchange-traded funds (ETFs), according to filings released on Thursday. The applications include ETFs tracking the spot prices of Polkadot (DOT) and Hedera (HBAR), as well as a dual crypto fund focused on Bitcoin (BTC) and Ethereum (ETH). The SEC now has until June 11 to decide on Nasdaq’s filings for the Canary HBAR ETF and the conversion of Grayscale’s Polkadot Trust into an ET...