As the January 10 deadline for the approval of several spot Bitcoin ETF looms, the US Securities and Exchange Commission (SEC) has made a notable move by sending new comments on updated S-1 filings just hours after their submission. This swift response from the SEC has sparked a debate within the crypto community about the potential implications for the approval timeline of Bitcoin ETFs.
Will The Bitcoin ETFs Be Delayed?
Perianne Boring, founder and CEO of the Chamber of Digital Commerce, expressed concern over the SEC’s actions, suggesting it could be a signal for delay. She stated, “SPOT BITCOIN ETF UPDATE: The SEC just issued additional comments on pending applicant’s S-1s. This is a delay signal.”
However, this view is not universally held. James Seyffart, an ETF expert for Bloomberg, provided a more nuanced perspective. He remarked, it is true that comments came back on the S-1 documents which were filed on Monday morning with the fees that everyone wanted to see.
However,
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