{"id":74987,"date":"2023-08-30T03:19:12","date_gmt":"2023-08-30T03:19:12","guid":{"rendered":"https:\/\/kryptodata.se\/upcoming-week-to-witness-secs-initial-deadlines-for-approving-7-bitcoin-etfs\/"},"modified":"2023-08-30T03:19:12","modified_gmt":"2023-08-30T03:19:12","slug":"upcoming-week-to-witness-secs-initial-deadlines-for-approving-7-bitcoin-etfs","status":"publish","type":"post","link":"http:\/\/kryptodata.se\/upcoming-week-to-witness-secs-initial-deadlines-for-approving-7-bitcoin-etfs\/","title":{"rendered":"Upcoming Week to Witness SEC’s Initial Deadlines for Approving 7 Bitcoin ETFs"},"content":{"rendered":"
– The SEC is facing deadlines to decide on seven new Bitcoin spot ETF applications, with the latest deadline being Sept. 4.<\/p>\n
– Bitwise will learn if its ETF will win approval on Sept. 1, while BlackRock, VanEck, Fidelity, Invesco, Wisdomtree, and Valkyrie will await decisions by Sept. 2 and Sept. 4.<\/p>\n
– The recent ruling in favor of Grayscale’s application increases the odds of success for the next wave of applicants, according to Bloomberg ETF analyst James Seyffart.<\/p>\n
– The SEC has 90 days to file an appeal or apply for an En banc review following the Grayscale decision.<\/p>\n
– The SEC’s options post-Grayscale decision are to approve Grayscale’s application or deny it based on a new argument.<\/p>\n
– The revocation of Bitcoin futures ETFs is considered highly unlikely due to the SEC’s reported openness to Ethereum futures ETFs.<\/p>\n","protected":false},"excerpt":{"rendered":"
<\/p>\n
Analysts say the best-case scenario is the SEC approves the batch of spot Bitcoin ETFs but it may also exercise its right to an appeal.<\/p>\n","protected":false},"author":1,"featured_media":74988,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_oct_exclude_from_cache":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[15],"tags":[47,46],"class_list":["post-74987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-ethereum"],"yoast_head":"\n