SEC Delays Decision on WisdomTree Spot Bitcoin ETF
- ETFs
- Regulation
- Bitcoin
The SEC postponed its decision on WisdomTree's spot Bitcoin ETF application to May 15, frustrating CT users who saw it as another stalling tactic by regulators. Hopes for a spot ETF approval had been building since 2021, but this delay reinforced the narrative of government resistance to crypto. The community raged on X, with many calling out the SEC for inconsistent standards compared to futures ETFs.