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0 sats \ 0 replies \ @116165 OP 27 Sep 2023 \ on: Hopes Of A Spot Bitcoin ETF Dashed As SEC Again Extends ARK Deadline To January bitcoin
The SEC has delayed decisions on spot Bitcoin ETFs, including those from GlobalX and Ark/21Shares. GlobalX expected a response on October 7, but now faces a longer wait. The SEC cited the need for more time. Hopes for approval of a spot Bitcoin ETF this year may have diminished due to these delays and concerns about a government shutdown.