Actually, the SEC isn’t done delaying bitcoin ETF proposals today

Blockworks
Blockworks

17 Nov 2023 9:03 PM

The SEC dropped a filing delaying a decision on Franklin’s bitcoin ETF proposal late Friday...

  • The Securities and Exchange Commission (SEC) has delayed a decision on the Franklin bitcoin ETF's proposed rule change.
  • The proposed ETF would be part of the Franklin Templeton Digital Holdings Trust.
  • The SEC filing, dated November 15, was published late on Friday.
  • The SEC had until Friday to delay or make a decision on the application, and a delay was expected.
  • The new deadline for the decision is January 1, 2024.
  • The SEC has also delayed decisions on other ETF proposals, including Grayscale's spot ethereum ETF and Hashdex's ethereum ETF.
  • BlackRock has filed for a spot ether ETF, indicating its interest in the race for an ether ETF.

The sentiment of the article is neutral. It provides factual information about the SEC's delay in making a decision on the Franklin bitcoin ETF proposal and mentions other related ETF proposals.

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You May Ask

What is the SEC's decision on the Franklin bitcoin ETF proposal?When was the SEC filing for the Franklin bitcoin ETF proposal published?What is the new deadline for the SEC's decision on the proposal?Which other ETF proposals has the SEC delayed?Which company has filed for a spot ether ETF?

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