SEC Delays Decision on Ark Invest’s Spot Bitcoin ETF Application, Calls For Public Input

The US Securities and Exchange Commission (SEC) just delayed a decision on Ark Invest’s spot bitcoin exchange-traded fund (ETF) application by at least eight weeks by calling for a period of public comment.
The agency published an order calling for public input on Ark Invest’s Ark 21Shares Bitcoin ETF application, a standard move employed by the agency to buy time.
Ark Invest and 21Shares have been pursuing the approval of a spot Bitcoin ETF since 2021….
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