The U.S. SEC will decide this week whether to approve the listing applications for six Bitcoin spot ETFs, including those from BlackRock and WisdomTree

2023-07-19 08:26:31

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ChainCatcher news, according to CoinDesk, the U.S. Securities and Exchange Commission (SEC) will decide this week whether to approve or reject the listing applications for six spot Bitcoin exchange-traded funds (ETFs), including those from BlackRock, Bitwise, Fidelity, WisdomTree, VanEck, and Invesco Galaxy.

Additionally, the ARK 21Shares Bitcoin ETF was submitted to the federal register on May 15, and the SEC has extended the approval deadline. Valkyrie's spot Bitcoin ETF has not yet appeared in the federal register, but the U.S. Securities and Exchange Commission (SEC) accepted their application on Monday.

The SEC released a document last week seeking public consultation on Bitcoin ETFs, and the review process officially begins only after the filing documents are published in the register. Initially, the deadline was set for 45 days but can be extended for up to 240 days.

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