BlackRock: No notification from the SEC regarding the approval of its Bitcoin spot ETF
According to Fox Business reporters Eleanor Terrett and Charles Gasparino, While the actions of the SEC are difficult to predict, considering that the SEC still needs to review and comment on the S-1 form submitted last Thursday and Friday, it is unlikely to be approved early this week. Terrett pointed out that according to her communication with the issuer, the SEC may notify the issuer of the final submission date of the S-1 form after this round of review, and make it effective within the next 24-48 hours, similar to the approval timeline for Ethereum futures in October last year.Meanwhile, Charles Gasparino learned from BlackRock that the institution has not yet received any news from the SEC.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Uniswap Hits Record Volume Across Ethereum Layer-2 Networks
BItcoin Could Surpass $150,000 This Cycle, According to VanEck CEO
Bitcoin Price Drop Could Benefit the Market, Expert Says
Analyst Forecasts Bitcoin to Break $110K as Market Cycle Heats Up