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SEC Delays Decision on WisdomTree Bitcoin ETF Application
The review period for the application is now extended by 45 days from May 26.
Updated Mar 8, 2024, 4:27 p.m. Published Jun 2, 2021, 2:51 p.m.
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.
Read more: SEC Delays VanEck Bitcoin ETF Decision to June at Earliest
Meanwhile, WisdomTree bitcoin and ethereum exchange-traded products have recently begun trading in Amsterdam and Paris.
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