Odaily Planet Daily News The US SEC is expected to respond (including rejection, approval or postponement) to the Bitcoin ETF application documents submitted by Bitwise, BlackRock, VanEck, WisdomTree and Invesco before the end of this week.
Bitwise’s application is due to be considered by Friday, and others the next day, so the SEC may weigh in before the weekend.
It is reported that the SEC has postponed the spot bitcoin application of 21Shares and ARK Investment Management in early August, and has rejected many applications in the past ten years. (Bloomberg)