Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Zenger
Zenger
Murtuza Merchant

What Are Your Thoughts On Bitcoin ETFs? SEC Wants Feedback On BlackRock, ARK Invest

The U.S. Securities and Exchange Commission (SEC) recently released documents calling for public input on five Bitcoin exchange-traded funds (ETFs) applications. CFOTO/GETTY IMAGES 

The U.S. Securities and Exchange Commission (SEC) recently released documents calling for public input on five Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) applications.

“We encourage the public to submit comments on the following Cboe BZX Exchange, Inc. filings during the comment period,” the agency said, citing Ark Invest’s ARK 21Shares Bitcoin ETF, as well as pending ETFs from Wise Origin, WisdomTree, VanEck and Invesco Galaxy.

The official countdown for the review process doesn’t commence until the submissions are listed in the federal register. AVISHEK DAS/GETTY IMAGES 

The official countdown for the review process doesn’t commence until the submissions are listed in the federal register.

The SEC also called for comments on the iShares Bitcoin Trust by BlackRock Inc (NYSE: BLK), which was submitted on Nasdaq (NASDAQ: NDAQ).

In related news, shares of the cryptocurrency exchange Coinbase (NASDAQ: COIN) experienced a surge of up to 16% last week.

This came after the exchange struck a deal with Chicago Board Options Exchange’s (Cboe) BZX Exchange to uphold a surveillance-sharing agreement pertaining to the five ETF applications.

Produced in association with Benzinga

Edited by Saba Fatima and Maham Javaid

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.