The United States Securities and Exchange Commission (SEC) has announced a delay in its decision regarding several proposals for Bitcoin exchange-traded funds (ETFs). This delay is related to the impending shutdown of the US government and is aimed at ensuring that the decisions on these applications are made under stable conditions. The delay has created uncertainty in the cryptocurrency market, as these ETFs were highly anticipated and seen as a way to attract institutional investment. The market’s response to this news has been mixed, with Bitcoin’s price experiencing a slight dip. The decision on these ETFs is expected to be made in mid-March. This delay is part of the broader regulatory landscape surrounding cryptocurrencies, and market participants will closely monitor developments and the government’s funding situation.
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