What Are Your Thoughts On Bitcoin ETFs? SEC Wants Feedback On BlackRock, ARK Invest
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.
The official countdown for the review process doesn't commence until the submissions are listed in the federal register.
Also Read: Crypto Set To Outshine Global Currencies, BlackRock CEO Predicts
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.
Read Next: Bitcoin Miners On Edge As Halving Event Threatens Profits
Join Benzinga's Future of Crypto in NYC on Nov. 14, 2023 to stay updated on trends like AI, regulations, SEC actions & institutional adoption in the crypto space. Secure early bird discounted tickets now!
Image: Shutterstock