The ongoing drama over the first bitcoin ETF approval took an interesting twist today when the SEC decided not to reject the filing for the VanEck SolidX Bitcoin ETF (XBTC), but instead delay its final decision until September 30th. It could be one of the stronger signs yet that the SEC may finally be warming up to the idea.Last week, the SEC again voted down the Winklevoss Bitcoin Trust ETF (COIN), but notable was SEC Commissioner Hester Peirce's dissent with the ruling. She said that a bitcoin ETF would actually be a good thing in helping to institutionalize the overall bitcoin market and that the rejection of a bitcoin ETF sends the message that innovation is unwelcome in our markets.Today's decision to punt a mere 6 weeks on the VanEck filing could suggest that the regulatory body just needs a little more time to come to a decision or it could mean nothing at all. The SEC has punted on bitcoin ETF filings in the past so today's decision to delay isn't unprecedented, but it's also been more decisive with recent filings up until today.The fact that the SEC didn't reject the filing today along with the fact that it has at least one supporter behind closed doors could mean that we're closer than ever to finally getting the elusive bitcoin ETF.