The SEC has postponed its decision on Bitwise's BITW ETF application to July.

BlockBeats News, January 15th, Bloomberg analyst James Seyffart posted on social media that, according to a public regulatory filing, the U.S. SEC will delay its decision on converting the Bitwise 10 Crypto Index Fund (BITW) to an ETF until late July. This means that the approval of the Bitwise ETF will have to wait even longer. Additionally, Grayscale's GDLC has a next deadline of February 2nd. Delays are also expected.