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November 15, 2023

Bitcoin ETF Applications Await SEC Ruling: Addressing Concerns and Uncertain Fate

Leticia "Letty" Santos
Written byLeticia "Letty" SantosWriter
Researched byNikos PapadopoulosResearcher

Introduction

The regulator is yet to indicate its ruling on the latest slate of applicants for Bitcoin ETFs. Previous rejections raised concerns about market manipulation and a lack of surveillance-sharing agreements. However, applicants argue that these concerns have been addressed or are no longer relevant after the approval of Bitcoin futures ETFs.

Bitcoin ETF Applications Await SEC Ruling: Addressing Concerns and Uncertain Fate

Current Status

The SEC has delayed making final decisions on these applications. The regulator has not provided any indication of how it might ultimately rule on the applications.

Conclusion

Investors and applicants are eagerly awaiting the regulator's ruling on the Bitcoin ETF applications. The approval of Bitcoin futures ETFs has provided some hope that the concerns raised in previous rejections have been addressed. However, until the SEC makes its final decisions, the fate of these applications remains uncertain.

About the author
Leticia "Letty" Santos
Leticia "Letty" Santos
About

Letty Santos, a vibrant spirit from the heart of Manila, seamlessly merges her passion for Filipino culture with the exhilarating world of online casinos. Bringing a unique Filipino touch to every project, she's a gem in the casino localization realm.

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