The U.S. Securities and Exchange Commission (SEC) may still find a way to delay spot Bitcoin ETFs.
According to the statement made by Anne-Marie Kelley, one of the former directors of the SEC, a single SEC commissioner can decide on a matter thanks to the institution’s charter. fully comprehensively by the Commission. request evaluation can.
According to FOX Business reporter Eleanor Terrett, this is the 5-person staff within the SEC. may delay spot Bitcoin ETF means.
Commissioners on this staff include Gary Gensler, Caroline A. Crenshaw, Hester M. Peirce, Jaime Lizárraga, and Mark T. Uyeda. Other executive commissioners except Peirce Democratic Party place on the side taking.
However, issuers who have applied to establish ETFs are not worried about the progress of the process. Terrett, “I’ve now spoken to several people who have received additional comments (from the SEC). “They said they were not concerned and the SEC had made no statement indicating a change of plans.” said.