Reports indicate that the US Securities and Exchange Commission (SEC) has come out early to delay another series of Bitcoin Spot ETF filings, this tim
While the filing was due on September 29, the financial regulator came out three days prior, giving a"notice of designation of a longer period for commission action to determine whether to approve or disapprove a proposed rule change..."The delay has experts concluding that a decision may not be due until November 11.
ETF specialist and analyst at Bloomberg Intelligence says,"This may put the hammer down for any hopes of an ETF approval this year? If they went on Ark/21 shares already, we may see delays on all the other filings today too. BlackRock, Bitwise, VanEck, Invesco, Wisdomtree, Fidelity & Valkyrie a all due in mid Oct"Crypto ETF FAQsAn Exchange-Traded Fund is an investment vehicle or an index that tracks the price of an underlying asset.
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