SEC pushes deadline for ARK 21Shares spot Bitcoin ETF to January

The US Securities and Trade Fee (SEC) is taking the utmost time allowed for the regulator to achieve a call on a spot (BTC) exchange-traded fund, or ETF, providing from ARK 21Shares.

In a Sept. 26 discover, the SEC stated it might designate an extended interval on whether or not to approve or disapprove of a proposed rule change that may permit ARK 21Shares’ spot BTC ETF on the Cboe BZX Trade. The fee’s earlier delay on Aug. 11 gave the regulator till Nov. 11 to resolve whether or not to approve, disapprove, or once more defer a call.

Proceed Studying on Coin Telegraph