SEC to decide on Bitcoin ETF in October

SEC needs to make decisions on multiple Bitcoin ETF-related matters in mid-October
NYDIG issued a document stating that the SEC must respond (approval, rejection or delay) to Nasdaq’s iShares Bitcoin Trust ETF listing request before October 17. The SEC also has until October 16 to respond to the Bitwise Bitcoin ETP Trust. Additionally, October 13 is the final date to appeal the SEC’s decision in the Grayscale case, which may provide clues as to how the agency is considering its stance on spot ETFs.
It was previously reported that the US SEC is reviewing the spot Ethereum ETF applications submitted by two asset management companies, ARK Invest and VanEck, and the SEC has solicited public opinions on the potential benefits and risks of approving these ETFs. The SEC opened a 45-day public comment period to both documents and said: “The Commission is issuing this notice to solicit comments from interested parties on the proposed rule changes.” Additionally, Valkyrie sets its leveraged Bitcoin futures ETF filing effective date Changed to October 20th.
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