{"id":443747,"date":"2023-09-29T12:29:27","date_gmt":"2023-09-29T12:29:27","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=443747"},"modified":"2023-09-29T12:29:27","modified_gmt":"2023-09-29T12:29:27","slug":"sec-delays-decision-on-spot-bitcoin-etf-applications-again-despite-mounting-pressure-to-approve","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/sec-delays-decision-on-spot-bitcoin-etf-applications-again-despite-mounting-pressure-to-approve","title":{"rendered":"SEC Delays Decision On Spot Bitcoin ETF Applications Again Despite Mounting Pressure to Approve"},"content":{"rendered":"

The US Securities and Exchanges Commission (SEC) has again pushed back the deadline to approve or deny spot Bitcoin exchange-traded fund (ETF) applications made by Blackrock and several other fund managers.<\/p>\n

Spot Bitcoin ETF Approval Faces Further Delays<\/strong><\/h2>\n

According to separate filings made on September 28, the SEC has delayed the decision on proposals made by Invesco<\/a>, Bitwise<\/a>, Valkyrie<\/a>, and Blackrock<\/a>. The notice of delay was announced earlier than expected with the SEC having until mid-October before needing to approve or delay the applications.<\/p>\n

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NEW: 🇺🇸 SEC delays BlackRock, Valkyrie, and Bitwise spot #Bitcoin<\/a> ETF application decisions.<\/p>\n

Also expected to delay WisdomTree, Vaneck, and Fidelity's applications. 🤨 pic.twitter.com\/HXx7RSWobu<\/a><\/p>\n

— Bitcoin Archive (@BTC_Archive) September 29, 2023<\/a><\/p><\/blockquote>\n