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