“The U.S. Securities and Exchange Commission has pushed back its deadline for whether to approve a BlackRock Inc. copepr exchange-traded fund, a week after approving a similar product sponsored by J.P. Morgan Chase & Co. 

The SEC will issue a final rule on the BlackRock ETF, which would buy and store physical copper on behalf of investors, by Feb. 22, the securities regulator said in a statement posted Friday on its website.

BlackRock’s fund would be about twice the size of J.P. Morgan’s ETF, holding about 121,200 metric tons of copper compared with J.P. Morgan’s XF Physical Copper Trust’s 61,800 tons.”

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