SEC delays decision on 6 spot Bitcoin ETF applications By Cointelegraph
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The United States Securities and Exchange Commission (SEC) has postponed its decisions on six applications for spot exchange-traded funds (ETFs).
According to SEC filings dated Aug. 31, the commission has designated a longer period in which it may review spot Bitcoin (BTC) ETF applications from WisdomTree, VanEck, Invesco Galaxy, Bitwise and Valkyrie, as well as the Wise Origin Bitcoin Trust proposed by Fidelity. The SEC will have another 45 days upon publication in the Federal Register to consider the proposed rule changes allowing listing of the investment vehicles, giving the regulator until October to approve, deny or delay a decision.
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© Reuters
The United States Securities and Exchange Commission (SEC) has postponed its decisions on six applications for spot exchange-traded funds (ETFs).
According to SEC filings dated Aug. 31, the commission has designated a longer period in which it may review spot Bitcoin (BTC) ETF applications from WisdomTree, VanEck, Invesco Galaxy, Bitwise and Valkyrie, as well as the Wise Origin Bitcoin Trust proposed by Fidelity. The SEC will have another 45 days upon publication in the Federal Register to consider the proposed rule changes allowing listing of the investment vehicles, giving the regulator until October to approve, deny or delay a decision.
Continue Reading on Coin Telegraph
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