{"id":4189,"date":"2023-08-15T22:19:24","date_gmt":"2023-08-15T20:19:24","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=4189"},"modified":"2023-08-15T22:19:24","modified_gmt":"2023-08-15T20:19:24","slug":"how-long-can-the-sec-delay-approval-of-bitcoin-etfs","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=4189","title":{"rendered":"How long can the SEC delay approval of Bitcoin ETFs?"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"auto\">The US Securities and Exchange Commission (SEC) may be getting closer to giving the green light to a spot cryptocurrency exchange-traded fund (ETF) after several years of reviewing applications.<\/p>\n<p>And yet, under SEC guidelines, the federal regulator has the authority to delay ETF applications for up to 240 days \u2014 by opening them to public comment or otherwise \u2014 from the first filing in the Federal Register.<\/p>\n<p>At the time of publication, major asset management firms with applications under review by the SEC include BlackRock, ARK Invest, Bitwise Asset Management, and others.<\/p>\n<p>ARK Invest, led by Cathie Wood, filed to list its ARK 21Shares spot Bitcoin ETF in May 2023 and received a new delay from the SEC on Aug. 11, pushing the deadline back another 21 days.<\/p>\n<p>Thus, with the maximum 240-day extension window available to the SEC, the final deadline for ARK\u2019s Bitcoin ETF is in January 2024, while approval or disapproval of all the other firms\u2019 offerings could come as late as March 2024.<\/p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The US Securities and Exchange Commission (SEC) may be getting closer to giving the green light to a spot cryptocurrency exchange-traded fund (ETF) after several years of reviewing applications. And yet, under SEC guidelines, the federal regulator has the authority to delay ETF applications for up to 240 days \u2014 by opening them to public [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4190,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-4189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4189"}],"version-history":[{"count":0,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4189\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/4190"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}