May and June. Mark your calendar. That's when decisions for a Bitcoin ETF are going to be handed in by the SEC.
The United States Securities and Exchange Commission has extended its window to approve or disapprove spot Bitcoin exchange-traded fund applications from asset managers WisdomTree and One River.the deadline for approving or disapproving a rule change allowing shares of the WisdomTree Bitcoin Trust and One River Carbon Neutral Bitcoin Trust to be listed on the Cboe BZX Exchange and New York Stock Exchange Arca, respectively.
The regulator said it would extend its window for the decision on WisdomTree’s Bitcoin investment vehicle to May 15 and One River’s to June 2.from the asset manager in December 2021 after several delays. The regular said at the time that the BZX exchange did not provide enough data to conclude the crypto market is resistant to manipulation, or address concerns about possible sources of fraud and manipulation. WisdomTree filed for another spot BTC ETF listing in February 2022.
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