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What Are Your Thoughts On Bitcoin ETFs? SEC Wants Feedback On BlackRock, ARK Invest
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The U.S. Securities and Exchange Commission (SEC) recently released documents calling for public input on five Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) applications.
“We encourage the public to submit comments on the following Cboe BZX Exchange, Inc. filings during the comment period,” the agency said, citing Ark Invest’s ARK 21Shares Bitcoin ETF, as well as pending ETFs from Wise Origin, WisdomTree, VanEck and Invesco Galaxy.
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The official countdown for the review process doesn’t commence until the submissions are listed in the federal register.
The SEC also called for comments on the iShares Bitcoin Trust by BlackRock Inc (NYSE: BLK), which was submitted on Nasdaq (NASDAQ: NDAQ).
In related news, shares of the cryptocurrency exchange Coinbase (NASDAQ: COIN) experienced a surge of up to 16% last week.
This came after the exchange struck a deal with Chicago Board Options Exchange’s (Cboe) BZX Exchange to uphold a surveillance-sharing agreement pertaining to the five ETF applications.
Produced in association with Benzinga
Edited by Saba Fatima and Maham Javaid
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