After waiting for almost five months for the United States Securities and Exchange Commission (SEC) to make a decision on its spot Bitcoin ETF application focused on carbon credits, 7RCC Global has been asked to wait for another two months.
7RCC Now Eyeing June 24 as New Decision Date
The Commission just said it needs more time to consider the proposed rule change before deciding on whether to approve, reject, or even institute proceedings for the 7RCC Spot Bitcoin and Carbon Credit Futures ETF proposal. The new date for a decision is now slated for June 24, 2024, as stated by the SEC in a new filing.
In one of the 7RCC filings, it was highlighted that the proposed fund plans to hold 80% Bitcoin and 20% carbon credit futures, becoming the first with an environment-focused offering. Tidal Financial Group partnered with 7RCC to serve as the platform facilitating the creation, operation, and growth of the proposed ETF. Similarly, Gemini was named as the custodian for 7RCC Spot Bitcoin and
We współpracy z: https://coingape.com/spot-bitcoin-etf-us-sec-postpones-decision-on-7rcc-application/
