The US Securities and Exchange Commission (SEC) wants applications for the spot Bitcoin ETF to be updated by the end of this week.
According to information provided by Reuters, the SEC met with at least seven of the companies that applied for ETFs last week and asked some of them to submit their applications. update before the end of the year he demanded.
According to the statements made by the company executives, the SEC until December 29 gave time. Issuers who cannot meet this deadline, will not be able to receive approval at the same time.
Regarding the ETF application made jointly by SEC, ARK and 21Shares It will make a final decision on January 10.
Two company executives who met with the SEC rejected the institution’s ETF applications. It could be approved in the first days of 2024. He said he gave the signal.