SEC Once Again Defers Decision on ARK 21Shares Spot Bitcoin ETF Filing
- Regulator has continued to punt decision to approve ETF
- SEC has until January for final say on ARK 21Shares product
The SEC headquarters in Washington, DC.
Photographer: Graeme Sloan/BloombergThis article is for subscribers only.
The US Securities and Exchange Commission once again delayed making a decision on whether to approve the first US exchange-traded fund that invests directly in Bitcoin.
The primary US securities regulator deferred on a filing from crypto exchange-traded-products issuer 21Shares and Cathie Wood’s ARK Investment Management, according to documents posted on its website Tuesday.