Franklin

Bitcoin ETF

James

<div class="insidebitcoins">
 <p><span style="font-weight: 400">The US Securities and Exchange Commission (SEC) has invited public feedback on Bitcoin ETF applications made by Franklin Templeton and Hashdex sooner than expected.&nbsp;</span></p>
 <p>Bloomberg Intelligence ETF analyst James Seyffart tweeted that the development ”all but confirms for me that this was likely a move to line every applicant up for potential approval by the Jan 10, 2024 deadline.”</p>
 <p>The firms have 21 days to reply and two more weeks to file any rebuttals to the SEC, suggesting an early January completion.</p>
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
  <p lang="en" dir="ltr">Update: Wow. SEC went super early on Franklin. They weren't due for another decision until Jan 1. Notably Franklin is the only issuer who didn't submit an updated S-1 yet. Wonder if that has any impact here. https://t.co/go4K1wSTpw pic.twitter.com/bA6aULvPCd</p>
  <p>— James Seyffart (@JSeyff) November 28, 2023</p>
 </blockquote>
 <p></p>
 <h2 id=""></h2>
 <h3 id="all-bitcoin-etf-applicants-lined-up-for-january-deadlines">All Bitcoin ETF Applicants Lined Up For January Deadlines</h3>
 <p>Lawyer Scott Johnsson also said in a tweet that the SEC filing indicates it is likely to approve Bitcoin ETFS in early January</p>
 <p>“Really the only way it makes sense,” he said “Pretty sure we can lock this one up.”</p>
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
  <p lang="en" dir="ltr">They might have chosen to do this early so they could have the comment period end before Jan 10, in order to approve everyone at the same time. https://t.co/L5q65I6EDa</p>
  <p>— Scott Johnsson (@SGJohnsson) November 28, 2023</p>
 </blockquote>
 <p></p>
 <p><span style="font-weight: 400">Following the SEC’s invitation for comment, all applicants for spot Bitcoin ETFs now have their next deadline lined up between January 2nd and 17th.</span></p>
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 <p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/sec-seeks-early-public-comments-on-bitcoin-etf-applications-by-franklin-templeton-hashdex-tbt72056.html">https://thebittimes.com/sec-seeks-early-public-comments-on-bitcoin-etf-applications-by-franklin-templeton-hashdex-tbt72056.html</a></p>
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SEC Seeks Early Public Comments On Bitcoin ETF Applications By Franklin Templeton, Hashdex

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