Bitcoin ETF is postponed

Coindesk reports that the US Securities and Exchange Commission (SEC) has postponed the decision on the proposed Bitcoin ETF, postponing its final decision for more than a month. In a publication on August 7, agency officials said that they would devote more time to discuss the issue of the first exchange product of this kind in the US. The agency writes:”Accordingly, the Commission … designates September 30, 2018 as the date when the Commission either approves or disapproves of the proposed changes.”
https://www.sec.gov/rules/sro/cboebzx/2018/34-83792.pdf?utm_content=bufferaa1c1&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer