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BlackRock, Invesco Bitcoin ETF Applications Again Delayed by SEC
The US Securities and Exchange Commission further delayed its review of applications from BlackRock Inc., Invesco Ltd. and others seeking to list the first Bitcoin exchange-traded fund in the US. The regulator, whose three-part mandate includes investor protection, also postponed decisions on applications from Bitwise and Valkyrie, according to documents posted to its website. The delays come even though the SEC had until mid-October to weigh in on the applications. Regulators had earlier this week postponed a decision on a similar application from 21Shares and Cathie Wood’s ARK Investment Management. Industry ... (full story)