According to the Gate.io News bot and TheBlock, the SEC announced an extension of the review period for multiple crypto assets ETF applications. The review period for Grayscale's Polkadot Trust conversion proposal and the HBAR ETF listing application submitted by Canary has been extended to June 11. At the same time, the review period for the Bitcoin and Ethereum ETF applications submitted by Bitwise has also been postponed to June 10. These applications were originally scheduled to be reviewed within this week. The SEC stated in its announcement that additional time is needed to assess the proposed changes to relevant rules and the issues raised in the applications.
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SEC delays the review of multiple Crypto Assets ETF applications, including proposals from Grayscale, Bitwise, and other institutions.
According to the Gate.io News bot and TheBlock, the SEC announced an extension of the review period for multiple crypto assets ETF applications. The review period for Grayscale's Polkadot Trust conversion proposal and the HBAR ETF listing application submitted by Canary has been extended to June 11. At the same time, the review period for the Bitcoin and Ethereum ETF applications submitted by Bitwise has also been postponed to June 10. These applications were originally scheduled to be reviewed within this week. The SEC stated in its announcement that additional time is needed to assess the proposed changes to relevant rules and the issues raised in the applications.