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Early Delay to BTC-Spot ETF Reviews Raised Hopes of a Batch Approval
On Tuesday, news hit the wires of the SEC delaying the BTC-spot ETF application reviews for Franklin and Hashdex. Bloomberg Intelligence ETF Analyst James Seyffart shared the news, saying, “Going super early on Franklin today (and potentially Hashdex coming too?) would set things up for a full wave of approvals in early January. Might be the reasoning?” Shortly after, Seyffart confirmed the SEC delay to the Hashdex Bitcoin ETF strategy. The second review deadline for the Franklin and Hashdex application is January 1, 2024. The early decision to postpone could mean the SEC plans to batch-approve 10 BTC-spot ETFs ... (full story)
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- Posted: Nov 29, 2023 12:28am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 238
