Investing.com - Prices of major cryptocurrencies were mixed on Tuesday morning in Asia, with Bitcoin holding below the $8,000 level.
Bitcoin was little changed at $7,936.9 by 10:26 PM ET (02:26 AM GMT). Ethereum ticked up 1.18% to $250.73, XRP slipped 1.2% to $0.39216 and Litecoin slid 0.3% to $90.66.
The U.S. Securities and Exchange Commission once again postponed a decision on the proposed VanEck/SoildX Bitcoin exchange-traded fund (ETF), which crypto enthusiasts hope will lead to more mainstream adoption of digital assets. A decision on the proposal is now due on Aug.19.
“The Commission is instituting proceedings to allow for additional analysis of the proposed rule change’s consistency with Section 6(b)(5) of the Act, which requires, among other things, that the rules of a national securities exchange be ‘designed to prevent fraudulent and manipulative acts and practices, to promote just and equitable principles of trade,’ and ‘to protect investors and the public interest,” it said in a statement released on May 20.
The ETF proposal was first filed over a year ago, but it got withdrawn in January due to the U.S. government shutdown.