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  • ☕️ SEC pushes off ETF decision...🙄

☕️ SEC pushes off ETF decision...🙄

ALSO: 🦄SWAP with a BIG win

GM Brew Crew, as the last weekend of summer ramps up, let us be your reminder that this is not an oat milk latte type of morning. FIRE UP the Irish coffee, get the blood pumping, and LET’S DIVE IN ⬇️

On the menu today:

  • 😑 SEC DELAYS ALL SPOT BITCOIN ETF DECISIONS

  • 💪 CRYPTO PLATFORM (UNISWAP) BEATS LAWSUIT

  • 😱 SHIBARIUM CROSSES 600K UNIQUE WALLETS

Today’s Charts:

😑 SEC DELAYS ALL SPOT BITCOIN ETF DECISIONS

The SEC has postponed its decision on spot bitcoin ETF applications, which includes submissions from major entities like BlackRock, WisdomTree, Invesco Galaxy, Wise Origin, VanEck, Bitwise, and Valkyrie Digital Assets.

The delay extends the decision timeframe until October. Yes, Halloween is going to get real spooky folks. 🎃

The latest SEC orders do not provide a definitive verdict by any means - instead, they extend the existing comment periods and encourage additional public input on these ETF applications.

The SEC operates within a 240-day timeline from the commencement of its application review to reach a final decision for approval or denial.

Historically, SEC staff has utilized all available comment and review periods to postpone final decisions until the full 240 days have transpired, which would make sense regarding this news.

💪 CRYPTO PLATFORM (UNISWAP) BEATS LAWSUIT

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