This is the second time the regulator has extended its review period of the VanEck bid by 45 days.
The U.S. Securities and Exchange Commission (SEC) keeps kicking the bitcoin exchange-traded fund (ETF) can down the road.
In a Wednesday filing, the regulator once again delayed passing judgement on the VanEck Bitcoin Trust.
The SEC renders a decision on prospective applications within 45-day windows and can take up to 240 days to make a decision. This is the second time it has extended the review period on the VanEck bid.