SEC delays decision on spot Bitcoin ETF applications from WisdomTree, Invesco, and Valkyrie

The United States Securities and Exchange Commission (SEC) has postponed its determination connected WisdomTree’s Bitcoin Trust archetypal filed connected Dec. 8 2021. The organization elephantine refiled its ETF exertion connected July 19, 2023 with the archetypal deadline approaching.

WisdomTree’s Bitcoin ETF connection didn’t get the SEC’s support successful 2021. However. aft BlackRock joined the spot Bitcoin ETF race, WisdomTree refiled its exertion arsenic well, However, WisdomTree was not the lone organization elephantine making a 2nd effort aft rejections, the likes of Valkyrie, Fidelity and Invesco person besides re-filed their applications for a spot Bitcoin ETF.

This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.