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News Explorer — SEC Delays on Several Spot Bitcoin ETF Applications

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Aug 31, 7:50 pm
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SEC Delays on Several Spot Bitcoin ETF Applications

The SEC has requested more time to evaluate spot Bitcoin ETF applications from Wisdom Tree Funds, Invesco, Galaxy Digital, and Valkyrie Funds. The decision on whether to approve or reject the applications will now be announced no earlier than October 17, instead of the previously expected date of September 2. Market analysts anticipate further delays in the SEC's decision-making process for Bitcoin ETFs.

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