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The deadline for a ruling on Ark’s application for a bitcoin ETF is near
It’s put up or shut up time for the SEC on a bitcoin ETF. The Securities and Exchange Commission is required to give a thumbs up or thumbs down to ARK’s application for a bitcoin ETF by Aug. 13. Eight other organizations, including BlackRock, Bitwise, VanEck, and WisdomTree, have also filed applications for a spot bitcoin ETF. Yes, no or punt? Ark’s application for a spot bitcoin ETF was published in the Federal Register on May 15. A June 15 filing in the Federal Register from the SEC designated Aug. 13 “as the date by which the Commission shall either approve or disapprove, or institute proceedings to ... (full story)