The SEC announced a delay in ruling on a proposed hybrid ETF that would combine Bitcoin and carbon credit futures. Check out the complete news!

SEC Delays Decision on Bitcoin and Carbon Credit Hybrid ETF

<img src="https://static.bittime.com/cms-static/upload/SEC_Delays_Decision_on_Bitcoin_and_Carbon_Credit_Hybrid_ETF_03b5eabf6e.png" alt="SEC Delays Decision on Bitcoin and Carbon Credit Hybrid ETF" width="1024" height="576"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?content_id=news&amp;cn=400001">Bittime</a> - The US Securities and Exchange Commission (SEC) has announced a delay in its review of a proposed hybrid exchange-traded fund (ETF) that would combine Bitcoin and carbon credit futures.&nbsp;The decision on the Bitcoin spot ETF and 7RCC carbon credits has been postponed to November 21, 2024.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:2.1;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">SEC Delays Decision</h2>The SEC announced the need for additional time to carefully consider the proposal and related comments received as reasons for the delay.&nbsp;This marks a setback for crypto asset manager 7RCC, which had filed an initial registration statement for the ETF in December 2023.<h2 style="line-height:2.1;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">Proposed ET Structure</h2>The proposed ETF aims to invest 80% of its assets in Bitcoin and the remaining 20% ​​in financial instruments that provide exposure to a carbon credit futures index. This unique combination seeks to offer investors diversified exposure to the cryptocurrency market and environment.Gemini, a well-known cryptocurrency exchange, is slated to act as custodian of the fund's Bitcoin assets. This choice is seen as a positive step to ensure the security and integrity of Bitcoin ETF investments.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/staking?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_staking_coin_8abe277d88.webp" alt="banner staking coin.webp" width="2985" height="620"></a><h2 style="line-height:2.1;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">Reason of Postponement of Decision for ETF 75CC<meta charset="utf-8"></h2>The SEC's decision to postpone the review comes amidst a flurry of activity in the cryptocurrency space. In March 2024, the SEC approved 11 Bitcoin spot ETFs, marking an important milestone for the industry. However, the regulatory landscape remains complex, and the SEC continues to sift through new proposals with a sharp eye.The delay in the 7RCC ETF decision highlights the ongoing challenges and uncertainty surrounding the approval process for cryptocurrency-related products. Although the SEC has made progress in approving a Bitcoin spot ETF, the pathway for other innovative products remains subject to rigorous review and potential delays.<h2 style="line-height:2.1;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">Implications for Crypto Market</h2>The SEC's delay of the 7RCC ETF decision could have implications for the cryptocurrency market at large. Investors and market participants are watching SEC actions closely as they shape the future of cryptocurrency investing.If such an ETF is ultimately approved, it could provide investors with a new and potentially exciting investment option. However, further rejection or delay could create uncertainty and potentially impact the overall sentiment surrounding the cryptocurrency market.As the SEC continues its review process, the crypto community will closely monitor developments and await a final decision on the 7RCC ETF proposal.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:10pt;text-align:justify;" dir="ltr">How to Buy Crypto on Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a><meta charset="utf-8">You can buy and sell crypto assets in an easy and safe way via&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a>. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a>, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Learn<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy"> How to Buy Crypto on Bittime</a>.Monitor price chart movements of&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC">Bitcoin (BTC)</a>,&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH">Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL"> Solana (SOL)</a> and other cryptos to find out today's crypto market trends in real-time on Bittime.

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SEC Delays Decision on Bitcoin and Carbon Credit Hybrid ETF.png

An innovative ETF that allows investors to invest in Bitcoin and gold simultaneously without having to purchase the assets directly is scheduled to launch on September 9, 2024.

New ETF Combining Bitcoin and Gold Will Launch on September 9

ETF  Bitcoin dan Emas Akan Meluncur pada 9 September - Bittime (1).png

thumbnail_ETF  Bitcoin dan Emas Akan Meluncur pada 9 September - Bittime (1).png

 - An innovative ETF that allows investors to invest in Bitcoin and gold simultaneously without having to purchase the assets directly is scheduled to launch on September 9, 2024.

This ETF is called STKD Bitcoin&Gold ETF and was launched by Tidal Investments and Quantify Chaos Advisors.

STKD does not invest directly in Bitcoin or gold, but instead uses a combination of derivative instruments such as Bitcoin futures, Bitcoin ETFs, gold futures and gold ETFs.

This strategy aims to provide simultaneous exposure to both assets while minimizing the impact of short-term market volatility on overall investment results.

The benefits of the emergence of STKD are:

Combining Bitcoin and gold, two assets with different risk profiles, can help investors diversify their portfolios and reduce overall risk.

Gold is generally considered a safe-haven asset, meaning its value tends to be stable during periods of market volatility.

By combining Bitcoin and gold, STKD potentially offers greater stability compared to a pure Bitcoin ETF.

STKD allows investors to invest in Bitcoin and gold through a single instrument, which can make it more accessible and convenient compared to purchasing both assets separately.

The launch of the proposed STKD ETF offers an exciting prospect for investors interested in crypto assets and gold.

However, it is important to consider the various opportunities and challenges associated with this product:

As crypto assets and gold become more popular, investors may be interested in ETFs that offer combined exposure to both assets.

STKD can meet this demand by providing easily accessible investment products.

Combining low-correlated assets like Bitcoin and gold can help investors reduce the overall risk of their portfolio.

STKD offers a potentially useful diversification strategy for investors looking to reduce their dependence on highly fluctuating assets like Bitcoin.

The launch of STKD could drive further innovation in the crypto ETF space. A hybrid ETF like this could be a new trend that allows investors to gain exposure to multiple crypto asset classes and traditional assets in one instrument.

The crypto ETF industry is still relatively new and does not have clear regulations in many countries. Approval from the relevant regulator for STKD is still required and may take a long time.

STKD uses complex derivative instruments such as futures and ETFs. Investors need to understand how these instruments work and the risks involved before investing in STKD.

The complex structure of ETFs usually comes with higher fees compared to traditional investment instruments. Investors need to consider these costs before investing in STKD.

STKD presents an attractive alternative for investors looking for a way to invest in Bitcoin and gold simultaneously.

By combining these two assets and using a derivatives-based strategy, STKD has the potential to offer greater diversification, stability and accessibility.

However, it is important to remember that this ETF is still in the proposal stage and has not yet been approved by regulators. Investors should do their own research before investing in STKD or any other crypto ETF.

You can buy and sell crypto assets in an easy and safe way via over. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets at over, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet.

For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

 and other cryptos to find out today's crypto market trends in real-time on Bittime.

ETF  Bitcoin dan Emas Akan Meluncur pada 9 September - Bittime