Franklin

Bitcoin ETF

Bitcoin

James

<div class="cryptonews">
 <p class="is-style-lead">According to Bloomberg analyst James Seyffart, who covers ETFs and the broader industry, no indication of a delay order for the Franklin Bitcoin ETF filing is evident.</p>
 <p>The deadline for an answer is tomorrow, Nov. 17, the same as Hashdex, according to the Nov. 16 post on X.</p>
 <h2 class="wp-block-heading" id="adding-suspense">Adding suspense</h2>
 <p>In a separate post made on Nov. 14, Seyffart shares that there is a pretty good chance the crypto community will <a rel="noopener noreferrer nofollow" title="delay" href="https://thebittimes.com/tag/delay.html">delay</a> <a rel="noopener noreferrer nofollow" title="order" href="https://thebittimes.com/tag/order.html">order</a>s from the SEC, stating that even if this is the case, it would not change anything about the <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a>’ views for approval by Jan. 10.</p>
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    <p lang="en" dir="ltr">Still no sign of a <a rel="noopener noreferrer nofollow" title="delay" href="https://thebittimes.com/tag/delay.html">delay</a> <a rel="noopener noreferrer nofollow" title="order" href="https://thebittimes.com/tag/order.html">order</a> on the Franklin #Bitcoin ETF filing . Both Franklin and Hashdex had the same deadline which isn't until tomorrow — Friday the 17th. Obviously watching closely for it. GlobalX decision/<a rel="noopener noreferrer nofollow" title="delay" href="https://thebittimes.com/tag/delay.html">delay</a> is due by the 21st. https://t.co/BpFKhlh7uL</p>— James Seyffart (@JSeyff) November 16, 2023
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 <p>That said, a delay order was made for Hashdex’s application to convert $DEFI from a Bitcoin futures ETF to one that holds spot and futures; this application shared the same deadline as the Franklin Bitcoin ETF that is still awaiting a decision.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> BlackRock spotlights stablecoin risks in Bitcoin ETF filing
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 <p>At the same time, the decision for GlobalX or announcement of delay is coming up five days after on Nov. 21.</p>
 <h2 class="wp-block-heading" id="awaiting-the-wave">Awaiting the wave</h2>
 <p>Seyffart&nbsp;goes on to state that there is no shot the SEC approves one Bitcoin ETF at a time. He believes approvals will come in a wave.</p>
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   <div class="rll-youtube-player" data-src="https://www.youtube.com/embed/QDqCn-fb29o" data-id="QDqCn-fb29o" data-query="feature=oembed" data-alt="What a spot bitcoin ETF could mean for the future of crypto"></div>
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 <p>So, while it is technically possible an approval could happen in the next day, the analyst suggests another delay is imminent.</p>
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  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Bitwise Invest amends Bitcoin ETF filing
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/franklin-bitcoin-etf-yet-to-see-indication-of-delay-order-tbt70585.html">https://thebittimes.com/franklin-bitcoin-etf-yet-to-see-indication-of-delay-order-tbt70585.html</a></p>

Franklin Bitcoin ETF yet to see indication of delay order

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