The U.S. Securities and Exchange Commission (SEC) has delayed its decision again on three applications from Inversor Group and 10X Genomics, both of which are sponsored by Galaxy Digital. The next deadline for the SEC’s decision is set for August 29. The SEC continues to delay its decision on Spot Bitcoin ETF options, which would allow investors to use margin and options strategies with Bitcoin ETFs. This decision is expected to have a significant impact on the Bitcoin market. Currently, the SEC has allowed the trading of Spot Bitcoin ETFs, but has not yet approved options strategies. The delay indicates the SEC is taking a cautious wait and see stance before allowing these more advanced trading products.
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