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November 15, 2023

Bitcoin ETF Applications Await SEC Ruling: Addressing Concerns and Uncertain Fate

Natasha Fernandez
Written byNatasha FernandezWriter
Researched byNikos PapadopoulosResearcher

Introduction

The regulator is yet to indicate its ruling on the latest slate of applicants for Bitcoin ETFs. Previous rejections raised concerns about market manipulation and a lack of surveillance-sharing agreements. However, applicants argue that these concerns have been addressed or are no longer relevant after the approval of Bitcoin futures ETFs.

Bitcoin ETF Applications Await SEC Ruling: Addressing Concerns and Uncertain Fate

Current Status

The SEC has delayed making final decisions on these applications. The regulator has not provided any indication of how it might ultimately rule on the applications.

Conclusion

Investors and applicants are eagerly awaiting the regulator's ruling on the Bitcoin ETF applications. The approval of Bitcoin futures ETFs has provided some hope that the concerns raised in previous rejections have been addressed. However, until the SEC makes its final decisions, the fate of these applications remains uncertain.

About the author
Natasha Fernandez
Natasha Fernandez
About

Natasha "CryptoQueen" Fernandez bridges the gap between blockchain buzz and casino charisma. From New Zealand's serene landscapes to the volatile world of crypto, she's making waves in the online gaming sphere. With CryptoCasinoRank, she paints a future where chips meet chains seamlessly.

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