SEC Delays Decision on WisdomTree Bitcoin ETF Application
The review period for the application is now extended by 45 days from May 26.
Jun 2, 2021 at 2:51 p.m. UTCUpdated Aug 19, 2021 at 9:52 a.m. UTC
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The U.S. Securities and Exchange Commission (SEC) chose last week to delay a decision on WisdomTree’s bitcoin ETF application.
The SEC renders an initial decision on prospective applications within 45 days unless it extends the window, which it can do for 240 days.
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The regulatory watchdog said on May 26 that it was extending WisdomTree’s application review by 45 days.
In late April, the SEC delayed a decision on VanEck’s bitcoin ETF application to at least June. In late May, WisdomTree filed an ethereum ETF application.
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Meanwhile, WisdomTree bitcoin and ethereum exchange-traded products have recently begun trading in Amsterdam and Paris.
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