SEC Launches Review of Latest Bitcoin ETF Applications

Coindesk2023/07/17 10:25

By: Amitoj Singh

The clock on the SEC's review process doesn't formally start ticking until the filings are published in the federal register.

The U.S. Securities and Exchange Commission (SEC) has launched its review of the latest bitcoin exchange-traded-fund (ETF) applications.

While the regulator published documents , the clock on the review process doesn't formally start until the filings are published in the federal register.

The SEC has asked for comments on all five of Cboe’s ETF applications: Wise Origin, WisdomTree, VanEck, Invesco Galaxy and ARK 21Shares.

Last week, shares of crypto exchange Coinbase jumped as much as to maintain a surveillance-sharing agreement the five ETF applications.

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Edited by Sheldon Reback.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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