🏈 SEC punts on another Bitcoin ETF
The Securities and Exchange Commission has elected to delay a decision on the VanEck SolidX Bitcoin Trust ETF for an additional 45 days. SolidX's proposal includes insurance against loss from theft and hacks, making it potentially more attractive for regulatory approval. Insured products can also lead to risks however, since they may create a false sense of safety for investors, and in extreme circumstances can lead to systemic stability risks.
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