Bitcoin fell further down, to sub-$6,500 level Wednesday, influenced by the Securities and Exchange Commission's (SEC) decision to delay a ruling on a keenly awaited Bitcoin exchange-traded fund (ETF).
SEC postponed its decision by a further 45 days whether to approve a rule that would allow Chicago Board Options Exchange (CBOE) to offer shares of an ETF issued by VanExk SolidX Bitcoin Trust.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.