Sunday, June 29, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

SEC delays Ark Invest spot Bitcoin ETF application

August 23, 2023
in Regulations
Reading Time: 2 mins read
0 0
A A
0
Home Regulations
Share on FacebookShare on TwitterShare on E Mail


SEC introduced the delay as we speak, publishing a letter calling for extra info from the general public.
A choice on Ark Make investments spot Bitcoin ETF may come in direction of the tip of the yr.
BlackRock and Constancy are two of the main companies looking for approval for a spot Bitcoin ETF.

In the present day’s high crypto regulation information revolves across the transfer by the US Securities and Trade Fee (SEC) to delay a choice on one of many a number of spot Bitcoin exchange-traded funds (ETFs) earlier than it.  

SEC has but to approve a spot Bitcoin ETF for the US market, regardless of permitting a number of futures-based ones.

ETF delay largely anticipated

Lots of exuberance permeated the business when world asset administration and funding behemoths BlackRock and Constancy filed proposals to supply spot Bitcoin ETFs for the US market.

With the SEC now calling for extra public enter for the Ark 21Shares spot Bitcoin ETF, the response throughout the crypto business has largely been one in every of muted disappointment. It is because as Bloomberg ETFs professional James Seyffart highlighted on Thursday, the market had largely priced in a delay.

TIMELINE: I’ve had questions in DMs and mentions over the previous couple of days. The following SEC deadline for #Bitcoin ETFs is @ARKInvest/@21co__’s on 8/13. That is a Sunday so we should always see a choice by tomorrow. My guess is after market shut tomorrow. We’re totally anticipating a DELAY. pic.twitter.com/meejrBZaQp

— James Seyffart (@JSeyff) August 10, 2023

As has been the case with earlier functions to face an analogous pattern, the regulator’s consideration for the Ark Make investments ETF will now embody additional feedback and assessment for as much as 60 days. A choice may come a lot later within the yr, with the third deadline for the Ark ETF within the second week of November and the ultimate deadline in January 2024.

In the meantime, the primary deadline for the functions by BlackRock, Constancy, Invesco, Valkyrie, Bitwise and WisdomTree is early subsequent month. 

The expectation is that these may also be pushed, though as Ark Make investments CEO Cathie Wooden famous earlier this, the SEC might determine to approve multiple Bitcoin ETF unexpectedly. 

Share this articleCategoriesTags





Source link

Tags: applicationArkBitcoindelaysETFInvestSECspot
Previous Post

HKVAX gets approval to offer crypto in Hong Kong

Next Post

Worldcoin Price Plummets Under $2 as Regulatory Scrutiny Intensifies

Related Posts

Judge rejects Ripple and SEC’s joint bid to conclude XRP lawsuit
Regulations

Judge rejects Ripple and SEC’s joint bid to conclude XRP lawsuit

June 28, 2025
Fed could slash rates to 2.5% by 2026; crypto markets brace for impact
Regulations

Fed could slash rates to 2.5% by 2026; crypto markets brace for impact

June 26, 2025
Where is Bitcoin Pepe price headed as crypto markets register major regulatory win?
Regulations

Where is Bitcoin Pepe price headed as crypto markets register major regulatory win?

June 24, 2025
US Senate approves GENIUS Act to regulate stablecoins; bill moves to house
Regulations

US Senate approves GENIUS Act to regulate stablecoins; bill moves to house

June 18, 2025
US sanctions tech firm tied to multi million dollar crypto scam operations
Regulations

US sanctions tech firm tied to multi million dollar crypto scam operations

May 31, 2025
Bybit opens European headquarters in Vienna after securing MiCA license in Austria
Regulations

Bybit opens European headquarters in Vienna after securing MiCA license in Austria

May 29, 2025
Next Post
Worldcoin Price Plummets Under $2 as Regulatory Scrutiny Intensifies

Worldcoin Price Plummets Under $2 as Regulatory Scrutiny Intensifies

Judge revokes Sam Bankman-Fried’s bail, sends him to jail

Judge revokes Sam Bankman-Fried's bail, sends him to jail

y00ts Yeet to Eth 💨 – by William M. Peaster

y00ts Yeet to Eth 💨 - by William M. Peaster

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In