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International Business Times
International Business Times
Business
Nica Osorio

It Isn't Done Yet: Spot Bitcoin ETF Issuers Receive Additional Comments From SEC

SEC Bitcoin ETF James Seyffart Eleanor Terrett Perianne Boring
Bitcoin on laptop keyboard with red-lit keys and screen reflection. (Credit: QuoteInspector.com/flickr)

KEY POINTS

  • The SEC issued "additional comments" on the S-1 forms submitted by hopeful spot Bitcoin ETF issuers
  • 'This isn't out of the ordinary': ETF analyst James Seyffart on returned S-1 documents
  • Bitcoin was trading in the green zone at $46,453.88 Tuesday morning

It seems the U.S. Securities and Exchange Commission is not yet done with the spot Bitcoin exchange-traded fund (ETF) applications as several reports claim the issuers received additional reports from the agency, fueling speculations that the approval announcement might be delayed.

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