SEC Kicks the Can Again: 5 Crypto ETFs Left in Regulatory Limbo—October Deadline Looms
Wall Street’s favorite procrastinators strike again. The SEC just delayed decisions on five spot Bitcoin ETFs, dangling approval like a carrot for institutional investors who’ve already priced it in.
Analysts whisper ’October or bust’ for final rulings—just in time for Q4 fund inflows and the usual ’crypto winter is over’ narratives. Meanwhile, Gary Gensler’s printer stays busy churning out ’volatility risk’ memos instead of greenlights.
Bonus jab: At this rate, BlackRock will launch a tokenized version of bureaucratic red tape before the SEC approves the real thing.