The United States Securities and Exchange Commission has asked for final changes to the spot Bitcoin ETF filings, setting the deadline as the 29th of December, 2023.
Industry watchers are hopeful of a spot Bitcoin exchange-traded fund (ETF) approval in early January.
SEC Sets Deadline For Final Changes
The United States Securities and Exchange Commission (SEC) has reportedly set a deadline for final changes to the spot Bitcoin ETF applications pending before it. According to reports, officials from the SEC told the firms that they have until the 29th of December, 2023, to file any changes to their respective ETF proposals. Grayscale, BlackRock, and Ark Invest are among several firms that have applied for a spot in Bitcoin ETF and are hopeful of receiving approval in 2024.
The Securities and Exchange Commission is expected to make its decision on the 10th of January, 2024, on which the SEC will have to either approve or deny the applications for the first-ever spot Bitcoin ETF.
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