Slideshow May 10, 2021 at 12:05 PM Share & Print Does an increasing number of Bitcoin ETFs increase the odds that the Securities and Exchange Commission will approve at least one of them, opening the gates to more? That’s what cryptocurrency enthusiasts are hoping for, but last week the SEC decided to delay a decision on a rule change that would have paved the way for the VanEck Bitcoin Trust to trade on the Cboe. Five days before the first deadline for the decision, the SEC postponed it for another 45 days, which is an option it always had. The new deadline is June 17, 2021, at which point the SEC will ll “either approve or disapprove the application or or institute proceedings to determine whether to disapprove, the proposed rule change,” according to the agency. The SEC did not give a reason for the postponement and only said “it is appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the comments received.” The SEC has rejected several Bitcoin ETF applications in the past, including one by VanEck, which was resubmitted with changes.There are currently 9 Bitcoin ETF filings pending before the SEC, seven of them filed this year. Several Bitcoin ETFs are already trading in Canada:  from Purpose, Evolve, CI Galaxy on the Toronto Stock Exchange. See the slideshow above for a rundown of all the Bitcoin ETF applications pending before the SEC, based on the SEC filings and analysis contained on ETF.com. All but two of the ETFs — the NYDIG and First Trust Skybridge — are passive funds that would follow an index. — Related on ThinkAdvisor: