-
SEC Delays Decision on ARK 21Shares Bitcoin ETF Filing
The US Securities and Exchange Commission has not yet come to a decision on whether to approve the ARK 21Shares Bitcoin ETF application, delivering another delay for the long-awaited product. The issuer had originally filed in April and regulators had until Aug. 13 to say whether they would approve, reject or delay on coming to a decision. An ETF that invests directly in Bitcoin has never been green-lit in the US. The latest batch of applications, however, which includes one from BlackRock Inc., has some analysts hoping that a spot product could start trading soon. Many in the crypto community — and fans outside of ... (full story)