The USA Securities and Change Fee (SEC) is taking the utmost time allowed for the regulator to succeed in a choice on a spot (BTC) exchange-traded fund, or ETF, providing from ARK 21Shares.
In a Sept. 26 discover, the SEC mentioned it could designate an extended interval on whether or not to approve or disapprove of a proposed rule change that might permit ARK 21Shares’ spot BTC ETF on the Cboe BZX Change. The fee’s earlier delay on Aug. 11 gave the regulator till Nov. 11 to resolve whether or not to approve, disapprove, or once more defer a choice.
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