The Securities and Exchange Commission on Friday asked for new written comments on a proposed spot bitcoin application from ARK Invest and 21Shares in an apparent delay.
filed in July by the Cboe exchange that added a surveillance sharing agreement similar to those seen in more recent proposals that have come from asset management giants like BlackRock and Fidelity.
Bitcoin's price was little changed on the news. It's up 0.2% over the past 24 hours to $29,478, according toArk CEO Cathie Wood said earlier in the month that she had been expecting the delay.."I think the SEC, if it's going to approve a bitcoin ETF, will approve more than one at once." . The ARK 21Shares Bitcoin ETF was ahead of the pack, with public comment periods for the other applications just wrapping up.Excitement about spot bitcoin ETF
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