Bitcoin

James

Coin

<ul class="news-points"> 
 <li>The U.S. Securities and Exchange Commission recently delayed two Bitcoin ETF filings.</li> 
 <li>Bloomberg analyst stated that the delay could have been motivated by the U.S. Federal Government’s upcoming shutdown.</li> 
 <li>The U.S. Congress has asked the SEC to stop discrimination against Bitcoin ETF filings.</li> 
</ul> 
The prospects of a Bitcoin Exchange-Trust Fund approval this year were slashed after it was revealed that the U.S. <a href="https://coinedition.com/tag/sec/" rel="noopener noreferrer nofollow">Securities and Exchange Commission</a> may not approve such actions. 
Bloomberg analyst James Seffyat, in a post on X, said the recent actions of the regulators show that it doesn’t intend to approve any ETF this year. Particularly, the analyst mentioned that the Wall Street regulator recently delayed two ETF filings – ArkInvest and 21Shares ETF filings. 
What has raised the most speculation is that the SEC chose to leapfrog other pending second deadlines to delay the ARK 21Shares ETF filing. According to the analyst, there is a possibility the SEC will delay all other pending filings in the coming days. BlackRock, Bitwise, VanEck, Invesco, Wisdomtree, Fidelity and Valkyrie <a href="https://coinedition.com/second-deadlines-for-spot-bitcoin-etf-in-23-days-will-sec-approve/" rel="noopener noreferrer nofollow">ETF filings </a>are all due in October. 
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The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/sec-unlikely-to-approve-a-bitcoin-etf-filing-this-year-analyst/">SEC Unlikely to Approve a Bitcoin ETF Filing This Year: Analyst</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

SEC Unlikely to Approve a Bitcoin ETF Filing This Year: Analyst

Coin Edition

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