Bitcoin

<ul><li>SEC delays decisions on major Bitcoin ETFs, including BlackRock, Invesco, Bitwise, and Valkyrie applications.</li><li>Potential October 1 government shutdown fears intensify uncertainty, pushing SEC&#39;s decision timeline forward by two weeks.</li><li>Analysts, including Eric Balchunas, note increased optimism for Bitcoin ETF approval post-legal clarity.</li></ul>In a recent development, the United States Securities and Exchange Commission (SEC) has announced delays in its decision on several proposals for spot Bitcoin exchange-traded funds (ETFs), impacting major players like BlackRock, Invesco, Bitwise, and Valkyrie. The decision comes ahead of an expected government shutdown, adding further uncertainty to the crypto investment landscape.Bloomberg’s James Seyffart reported this news via X (previously Twitter):<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/8dff9d2c02714371860474f150628549.png" />The SEC filings on September 28 revealed that applications from Invesco, Bitwise, and Valkyrie have been pushed back, leaving industry analysts anticipating similar delays for proposals from Fidelity, VanEck, and WisdomTree. Bloomberg ETF analyst James Seyffart <a href="https://twitter.com/JSeyff/status/1707506601379197159?ref_src&#61;twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1707506601379197159%7Ctwgr%5E21afc5c8e088c83d856999ada70a78fc90976d20%7Ctwcon%5Es1_&amp;ref_url&#61;https%3A%2F%2Fcointelegraph.com%2Fnews%2Fsec-delays-spot-bitcoin-etfs-blackrock-bitwise-valkyrie-invesco" rel="noopener noreferrer nofollow">attributed</a> the timing of these delays to the looming U.S. government shutdown, scheduled for October 1, which could disrupt the normal functioning of financial regulators and federal agencies.Read full articl<a href="https://cryptotale.org/sec-delays-decisions-on-spot-bitcoin-etfs-amidst-anticipated-government-shutdown/" rel="noopener noreferrer nofollow">e at CryptoTale.</a>

SEC Delays Decisions on Spot Bitcoin ETFs Amidst Anticipated Government Shutdown

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