SEC delays decision on spot Bitcoin ETF applications from WisdomTree, Invesco, and Valkyrie

The SEC has delayed its decision on WisdomTree's, Invesco's and Valkyrie's Bitcoin ETFs, with the next deadlines set for October.

WisdomTree’s Bitcoin ETF proposal didn’t get the SEC’s approval in 2021. However, after BlackRock joined the spot Bitcoin ETF race, WisdomTree refiled its application as well. WisdomTree was not the only institutional giant making a second attempt after rejections; the likes of Valkyrie, Fidelity and Invesco have also re-filed their applications for a spot Bitcoin ETF.

WisdomTree, Valkyrie, and Invesco are three of many firms with crypto ETF applications in the SEC pipeline, including BlackRock, ARK Invest, Bitwise Asset Management, VanEck and Fidelity. The deadline for the SEC to reach a decision or delay Bitwise's BTC investment vehicle is Sept. 1, suggesting the commission will likely make an announcement soon.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

Cointelegraph /  🏆 562. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

SEC delays decisions on bitcoin ETFs from WisdomTree, Invesco, ValkyrieThe SEC is delaying a decision on whether to allow shares of the WisdomTree Bitcoin spot ETF to be listed and traded.
Les mer »

Court Rules SEC Must Review Rejection of Grayscale's Bitcoin ETF Bid, Bitcoin Jumps 5%The most valuable crypto stories for Tuesday, August 29, 2023.
Les mer »

Grayscale marks victory against SEC in spot ETF case, bitcoin firms By Investing.comGrayscale marks victory against SEC in spot ETF case, bitcoin firms
Les mer »

After Grayscale Victory, SEC Kicks the Can on Latest Bitcoin ETF ApplicationsThe regulator is reviewing more than half a dozen bitcoin ETF applications and has now announced delays for some of the applications, including Galaxy and WisdomTree.
Les mer »

SEC Could Prepare Alternative Arguments to Reject Spot Bitcoin ETFs: BerenbergCoinbase’s potential involvement in spot bitcoin ETFs could serve as part of the SEC’s reconfigured arguments for rejecting the applications, the report said.
Les mer »

SEC could use alternative arguments to reject Grayscale spot Bitcoin ETF, Berenberg saysPrices of Bitcoin, Ethereum and altcoins in the top 30 assets have recently increased, riding on the back of Grayscale’s win against the US Securities
Les mer »