📈 The SEC prolongs its evaluation of Ark 21Shares Bitcoin ETF application, adding a few more weeks to the decision-making process. Public input is requested within a three-week window, followed by five weeks for responses to initial comments.

🔍 Ark 21Shares believes its proposal aligns with the Act's requirements, addressing concerns about market manipulation and emphasizing investor protection benefits.

🚀 Despite challenges, the eventual approval of a spot Bitcoin ETF seems inevitable, with major traditional financial firms participating and surveillance-sharing agreements addressing concerns. The industry is determined to move forward! 💪