SEC delays decision on bitcoin spot ETF The regulatory body explained that it will expand the review of ARK Invest's application.
The United States Securities and Exchange Commission (SEC) announced today, August 11, its decision to extend the deadline to decide whether to approve or reject the application to launch the spot bitcoin exchange-traded fund (ETF), ARK. 21Shares.
"The Commission designated a longer period" to deliver its final verdict on the matter, the SEC itself reported.
