BTC
$103,886.00
+
0.36%
ETH
$2,483.48
+
1.96%
USDT
$0.9999
+
0.00%
XRP
$2.3545
-
2.35%
BNB
$651.68
-
0.01%
SOL
$171.44
-
0.12%
USDC
$0.9997
-
0.00%
DOGE
$0.2295
+
0.83%
ADA
$0.7905
-
2.19%
TRX
$0.2605
+
0.22%
SUI
$3.9436
-
0.60%
LINK
$16.57
+
0.73%
AVAX
$24.46
-
1.05%
XLM
$0.3038
-
0.62%
SHIB
$0.0₄1584
+
0.02%
HBAR
$0.2055
-
1.82%
TON
$3.3978
+
0.89%
BCH
$408.66
-
2.95%
HYPE
$23.94
-
4.91%
PI
$1.1080
+
51.81%
Logo
  • News
  • Prices
  • Data
  • Indices
  • Research
  • Consensus
  • Sponsored
  • Sign In
  • Sign Up
Advertisement

Consensus 2025

Consensus 2025

Prices Increase This Friday

19:05:40:04

19

DAY

05

HOUR

40

MIN

04

SEC

Register Now
Markets
Share this article
X iconX (Twitter)LinkedInFacebookEmail

Another Bitcoin ETF Deadline is Already Approaching

The US Securities and Exchange Commission is set to make another bitcoin exchange-traded fund decision later this month.

By Stan Higgins
Updated Sep 11, 2021, 1:09 p.m. Published Mar 14, 2017, 11:00 a.m.
calendar shutterstock_191673014

The US Securities and Exchange Commission (SEC) is set to make another bitcoin exchange-traded fund (ETF) decision later this month.

New York-based startup SolidX revealed last July that it was filing to list a bitcoin ETF on the New York Stock Exchange, seeking to sell as much as $1m worth of shares. The firm raised $3m in late 2014 in a bid to sell financial products tied to the digital currency.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Long & Short Newsletter today. See all newsletters
By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.

Yet the SEC delayed a decision on that proposed offering in September, punting forward a determination until 30th March.

As the agency said at the time:

"The Commission finds that it is appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change."

According to the SEC website, its public comment period will last through 16th March. (The proposal hasn't garnered any input since 3rd March.)

The deadline is notable given the SEC’s rejection last week of a proposed rule change that would have cleared the way for a bitcoin ETF backed by investors Cameron and Tyler Winklevoss. That effort, too, faced delays as the SEC sought to collect insight from potential stakeholders.

The rejection of the Winklevoss bitcoin ETF – and the agency’s justification for doing so (a lack of market surveillance and broader concerns about regulation in the bitcoin space) – could potentially threaten the chances of a positive decision for SolidX ETF, as suggested by some commentators in the wake of that event.

Representatives for SolidX did not immediately respond to requests for comment.

Calendar image via Shutterstock

ETFSECSolidXRegulationNews
Stan Higgins

A member of CoinDesk's full-time Editorial Staff since 2014, Stan has long been at the forefront of covering emerging developments in blockchain technology. Stan has previously contributed to financial websites, and is an avid reader of poetry.

Stan currently owns a small amount (<$500) worth of BTC, ENG and XTZ (See: Editorial Policy).

Picture of CoinDesk author Stan Higgins

Only 1 article remaining this month.

Sign up for free

About

  • About Us
  • Masthead
  • Careers
  • CoinDesk News
  • Crypto API Documentation

Contact

  • Contact Us
  • Accessibility
  • Advertise
  • Sitemap
  • System Status
DISCLOSURE & POLICES
CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.
EthicsPrivacyTerms of UseCookie SettingsDo Not Sell My Info

© 2025 CoinDesk, Inc.
X icon
Sign Up
  • News
    Back to menu
    News
    • Markets
    • Finance
    • Tech
    • Policy
    • Focus
  • Prices
    Back to menu
    Prices
    • Data
      Back to menu
      Data
      • Trade Data
      • Derivatives
      • Order Book Data
      • On-Chain Data
      • API
      • Research & Insights
      • Data Catalogue
      • AI & Machine Learning
    • Indices
      Back to menu
      Indices
      • Multi-Asset Indices
      • Reference Rates
      • Strategies and Services
      • API
      • Insights & Announcements
      • Documentation & Governance
    • Research
      Back to menu
      Research
      • Consensus
        Back to menu
        Consensus
        • Consensus Toronto
        • Toronto Coverage
      • Sponsored
        Back to menu
        Sponsored
        • Thought Leadership
        • Press Releases
        • CoinW
        • MEXC
        • Phemex
        • Advertise
      • Videos
        Back to menu
        Videos
        • CoinDesk Daily
        • Shorts
        • Editor's Picks
      • Podcasts
        Back to menu
        Podcasts
        • CoinDesk Podcast Network
        • Markets Daily
        • Gen C
        • Unchained with Laura Shin
        • The Mining Pod
      • Newsletters
        Back to menu
        Newsletters
        • The Node
        • Crypto Daybook Americas
        • State of Crypto
        • Crypto Long & Short
        • Crypto for Advisors
      • Webinars & Events
        Back to menu
        Webinars & Events
        • Consensus 2025
        • Policy & Regulation Conference
      Select Language
      English enEspañol esFilipino filFrançais frItaliano itPortuguês pt-brРусский ruУкраїнська uk