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SEC Once Again Defers Decision on ARK 21Shares Spot Bitcoin ETF Filing
The US Securities and Exchange Commission once again delayed making a decision on whether to approve the first US exchange-traded fund that invests directly in Bitcoin. The primary US securities regulator deferred on a filing from crypto exchange-traded-products issuer 21Shares and Cathie Wood’s ARK Investment Management, according to documents posted on its website Tuesday. This is the third time the US regulator has punted its decision since ARK and 21Shares originally filed to launch the ETF in April. The SEC now has until Jan. 10 to make a final say. The regulator’s deferral comes earlier than industry ... (full story)