It has been over a month now since the non-approval decision by the Securities and Exchange Commission (SEC) to allow the listing of the first Bitcoin ETF was handed out, dealing a blow to BATS Global Markets and the Winklevoss brothers.
BATS Global Markets, the exchange where the ETF would be listed shortly thereafter appealed the decision to the SEC for review.
Today, it was made public by the SEC that the petition for review of the disapproval decision was granted.
The public has until May 15th to chime in with a written statement in support or non-support of the Winklevoss COIN ETF decision.
It is still unlikely that the decision will get overturned, not much has happened in the month since the decision was made that addresses the SEC’s concerns laid out back in March.
To see the SEC document granted the review click here.
