PANews reported on April 25 that according to Cryptoslate, according to the regulatory documents released on April 24, the U.S. Securities and Exchange Commission (SEC) has postponed the deadline for Grayscale's application to convert Polkadot Trust into a spot ETF and Canary Capital's HBAR spot ETF listing plan to June 11. In addition, the approval of Bitwise's Bitcoin and Ethereum ETFs has also been postponed to June 10. The SEC said it needs more time to evaluate the proposal and public opinion.
US SEC postpones approval of Canary HBAR spot ETF and Bitwise Bitcoin and Ethereum ETF until June
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