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The SEC officially acknowledges multiple Bitcoin ETF applications, including BlackRock, JPMorgan, and Fidelity.

2023-07-14 15:16
Odaily News: Bloomberg ETF analyst James Seyffart tweeted that the U.S. Securities and Exchange Commission (SEC) has officially acknowledged receiving Bitcoin ETF applications from BlackRock, VanEck, Invesco/Galaxy, Fidelity, and WisdomTree. This is just one step in the process and does not guarantee approval. It simply means that the formal procedure has begun.



According to yesterday's report, the SEC has officially acknowledged Bitwise's Bitcoin ETF application. James Seyffart, a Bloomberg ETF analyst, noted that this formally initiates the SEC's review process. Seyffart pointed out that "this is just one step in the process, and even if Gensler/SEC plans on rejecting them next month, it is still possible."