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Delay In Bull Market Could Push Bitcoin Higher Than Expected

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SEC delays spot Bitcoin ETF decision for BlackRock, Invesco and Bitwise

Invesco, Bitwise and Valkyrie are the other three firms that were hit with delays by the SEC. The United States securities regulator has delayed the decision on several spot Bitcoin exchange-traded fund (ETF) proposals, including BlackRock, ahead of an anticipated government shutdown.  Invesco, Bitwise and Valkyrie are the other three firms that were hit with delays by the Securities Exchange Commission in separate Sept. 28 filings. Bloomberg ETF analyst James Seyffart is also expecting the applicants of Fidelity, VanEck and WidsomTree to be pushed back by the securities regulator. ANOTHER: @BlackRock joins the party on spot #Bitcoin ETF delays . Three out of seven down. https://t.co/Cn9DSibqf8 pic.twitter.com/eJTzDNInCi — James Seyffart (@JSeyff) September 28, 2023 The latest delays by the SEC come two weeks ahead of the second deadline for many applicants who were expecting to hear from the securities regulator by Oct. 16-19. The U.S. Government is looking at a potential ...
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