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❓ASK Again SEC delayed the Bitcoin ETF

GraceAnderson

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The United States Securities and Exchange Commission has also reported delays for Invesco, Bitwise, and Valkyrie. Several proposals in the field of spot bitcoin exchange-traded funds including BlackRock have been put on hold by the US Securities and Exchange Commission. The SEC has already postponed the applications of Invesco, BitWise, and Valkyrie for spot bitcoin exchange-traded funds.

For many applicants, who were expecting to receive a reply from the Financial Supervisory Authority by October 16–19, this latest delay occurred two weeks ahead of the scheduled second deadline. By late August, when the initial deadline had passed, the Securities and Exchange Commission delayed several candidate applications for Bitcoin ETF. At the same time, by mid-January of this year, there are three further sets of deadlines for these seven companies and they might be delayed. At the earliest by mid-March, the Securities and Exchange Commission will have to take a definitive decision.

With a $9 trillion asset manager with an impressive approval record from the Securities and Exchange Commission, Blackrock is one of the most highly anticipated applications for bitcoin exchange traded funds.
 
Sec always does so they have an anti crypto policy and that is why they never ever allow the projects that are newly launched to grow out straight in the market most of the projects suffer due to them and that is why it is always good for people to be vary of them
 
The United States Securities and Exchange Commission (SEC) continues to delay decisions on several proposals for spot bitcoin exchange-traded funds (ETFs), including those from Invesco, Bitwise, and Valkyrie. These delays are causing frustration among applicants, as the latest postponement came just two weeks before the scheduled deadline. The SEC had already pushed back deadlines for Bitcoin ETF applications in late August, and now, additional delays are anticipated for seven companies, possibly extending into mid-January. Among these applicants, BlackRock, a $9 trillion asset manager known for its strong approval record with the SEC, has generated significant anticipation for its bitcoin ETF proposal. However, the SEC's timeline for making definitive decisions on these applications remains uncertain, with the earliest expected decision likely to occur by mid-March.
 
Yes that is right sometimes they do so on purpose as well actuallly you have to know sec is always acting as rival to crypto and they never wish and aim to see any project running with success actuallly indeed to be honest in my opinion .
 

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