The US Securities and Exchange Commission (SEC) postponed the decision to a later date, not clarifying the results of two of the last three unannounced spot Bitcoin ETF applications.
The SEC made the expected move and postponed the finalization date of two of the three spot Bitcoin ETF applications awaiting decision. Bloomberg analyst James Seyffart tweeted on September 30: in the statementFidelity “Wise Origin Bitcoin Trust”Wisdomtree “Wistdomtree Bitcoin Trust (BTCW) The decision to approve or reject spot Bitcoin ETF applications is made by the SEC. once again He said it was postponed.
The SEC has previously been involved in the investigation of giant investment companies. BlackRock’s “iShares Bitcoin Trust”Invesco’s “Invesco Galaxy Bitcoin ETF” and Bitwise “Bitwise Bitcoin ETP Trust” The decision regarding spot Bitcoin ETF applications called more research and review request He stated that it was postponed to a later date due to the reason.
An application is pending
VanEck’s yet “VanEck Bitcoin Trust” spot Bitcoin ETF Although a decision on the application has not been announced, it is thought that the SEC will postpone it. With the announcement that this has been postponed, spot Bitcoin ETF It is estimated that its approval will be delayed until next year. The SEC will make a statement regarding the decision no later than 17 October It must be done by the due date.