Representatives of two different issuers told the press on Thursday that their companies expect applications to be approved next week. However, other experts are confident that making and submitting amendments to applications does not mean that approval will be guaranteed.
The deadline for the SEC’s decision on the Ark 21 Shares application will be January 10. There is a possibility that the regulator will approve all applications for a spot Bitcoin ETF by this date.
Grayscale spokeswoman Jenn Rosenthal said the filing is another important step towards GBTC’s inclusion in the list of spot Bitcoin ETFs. Grayscale continues to cooperate with the SEC and remains ready to use GBTC as an ETF after receiving regulatory approvals.
Bloomberg reported that the voting of the members of the Securities and Exchange Commission will take place this week.