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SEC Seeks Early Public Comments On Bitcoin ETF Applications By Franklin Templeton, Hashdex

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Bitcoin ETF
Bitcoin ETF

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The US Securities and Exchange Commission (SEC) has invited public feedback on Bitcoin ETF applications made by Franklin Templeton and Hashdex sooner than expected. 

Bloomberg Intelligence ETF analyst James Seyffart tweeted that the development ”all but confirms for me that this was likely a move to line every applicant up for potential approval by the Jan 10, 2024 deadline.”

The firms have 21 days to reply and two more weeks to file any rebuttals to the SEC, suggesting an early January completion.

All Bitcoin ETF Applicants Lined Up For January Deadlines

Lawyer Scott Johnsson also said in a tweet that the SEC filing indicates it is likely to approve Bitcoin ETFS in early January

“Really the only way it makes sense,” he said “Pretty sure we can lock this one up.”

Following the SEC’s invitation for comment, all applicants for spot Bitcoin ETFs now have their next deadline lined up between January 2nd and 17th.

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