EddieJayonCrypto
9 Jan 24
The US Securities and Exchange Commission has sparked a debate within the crypto community about the potential implications for the approval timeline of Bitcoin ETFs by sending new comments on updated S-1 filings just hours after their submission. There is concern over potential delays expressed by ...
The US Securities and Exchange Commission has sparked a debate within the crypto community about the potential implications for the approval timeline of Bitcoin ETFs by sending new comments on updated S-1 filings just hours after their submission. There is concern over potential delays expressed by Perianne Boring, CEO of Chamber of Digital Commerce, but others, including James Seyffart of Bloomberg and Fox Business journalist Eleanor Terrett, report a general sentiment of confidence. Scott Johnsson, a finance lawyer at Davis Polk, points out the unusual speed of the SEC’s response and that minor details were addressed in the amended S-1 forms, suggesting that a delay seems rather unlikely at this stage. As the January 10 deadline for the approval of several spot Bitcoin ETF looms, the US Securities and Exchange Commission (SEC) has made a notable move by sending new comments on updated S-1 filings just hours after their submission. This swift response from the SEC has sparked a debate within the crypto community about the potential implications for the approval timeline of Bitcoin ETFs.
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