SEC Delays BlackRock’s Bitcoin ETF Application Amidst Growing Market Anticipation 🚨
The US SEC has #postponed the decision on #BlackRock 's application for a Bitcoin ETF. BlackRock's iShares Bitcoin Trust, aimed at simplifying Bitcoin investment, faces delays.
Grayscale's #bitcoin Trust listing denial reversal also impacted the delay. Approval could boost crypto adoption.
Other Bitcoin ETF applications from WisdomTree, Invesco, Valkyrie, Bitwise, VanEck, and Fidelity were also delayed.
The SEC has 45 days after publication to decide, pushing the deadline to October 17th.
