Bitcoin

<ul><li>SEC to delay the proposed spot Bitcoin ETF application by Franklin Templeton and Hashdex.</li><li>Written comment proposals on both applicant&#39;s forms 19b-4 are required for SEC to provide approval.</li><li>James Seyffart says that he was surprised by the decision made by the SEC to delay Franklin and Hashdex&#39;s application.</li></ul>On November 28, 2023, the Securities and Exchange Commission (SEC) delayed its decision regarding the spot Bitcoin exchange-traded funds (ETFs) applications by Franklin Templeton and Hashdex. The deadline to decide the approval of the last two of the 12 ETF applicants has been extended till January 1. James Seyffart, a Bloomberg EFT analyst, assumes that the SEC is planning to approve the spot bitcoin ETF between Jan 2 - Jan 10, as reported by Titan of Crypto, an investor, trader, and technical analyst.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/b221aee19ffc4acf874aa42812e1fc8c.png" />The SEC requested comments on Franklin Templeton and Hashdex forms 19b-4, which is necessary if the Bitcoin ETFs want to be listed and traded. Form 19b-4 is used by self-regulatory organizations (SROs), which must file their bylaws, rules, and regulations with the SEC for public bookkeeping. The comments and rebuttal period usually lasts for 35 days from their publication in the Federal Register.Read full article at<a href="https://cryptotale.org/?p&#61;28124&amp;preview&#61;true&amp;_thumbnail_id&#61;28125" rel="noopener noreferrer nofollow"> CryptoTale.</a>

SEC Delays on Franklin Templeton & Hashdex: Bullish Approvals on Spot Bitcoin ETFs

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