The Securities and Exchange Commission (SEC) has again delayed its decision on spot Bitcoin ETF offerings, maintaining its past stance.
The decision on the applications of WisdomTree, Invesco Galaxy and Valkyrie was postponed to a later date by the regulator.
The spot Bitcoin ETF movement initiated by BlackRock caused many companies to re-apply. Analysts are considering the possibility that Bitcoin could start a new rally if the spot Bitcoin ETF is approved.
Here is the official filing: pic.twitter.com/FyNnldhf7Y
— Eleanor Terrett (@EleanorTerrett) August 31, 2023