Choices on approvals for both Franklin Templeton’s and Global X’s area bitcoin ETF applications have actually been postponed by the U.S. Securities and Exchange Commission (SEC), according to a just-released note.
The due date for the SEC to carry on Franklin Templeton was today and on Global X’s effort was Nov. 21; with these hold-ups, the brand-new due dates move into early 2024.
Couple of had actually anticipated any area bitcoin ETF approvals today, so the SEC’s action comes as little surprise. Bitcoin (BTC) is trading at $36,450, up decently for the day.
Upgraded (18:45 UTC, Nov. 17): Added Franklin Templeton news to the story.
