SEC extends comment window for Franklin Templeton and Hashdex Bitcoin ETFs
Experts said the SEC could be laying blocks ahead of spot Bitcoin ETF approvals in early January 2024 following early delayed decisions on bids from two potential issuers. The U.S. Securities and Exchange Commission (SEC) delayed its decision to approve or disapprove spot Bitcoin ETF applications submitted by trillion-dollar asset manager Franklin Templeton and crypto-native firm Hashdex. Per Nov. 28 filings, the SEC is seeking new commentary for its review of these Bitcoin ETF punts. The news came after America’s securities watchdog disclosed its plan to extend the period for public input back in mid-November 2023. A decision on both filings was due Jan. 1, 2024, meaning that the SEC published its delay order weeks before the deadline. You might also like: Grayscale updates spot Bitcoin ETF application after meeting with SEC ETF expert James Seyffart said this early update could be an indicator that the SEC is synchronizing applications ahead of ...