America Securities and Alternate Fee (SEC) has postponed its choice on WisdomTree’s Bitcoin Belief first filed on Dec. 8 2021. The institutional large refiled its ETF utility on July 19, 2023 with the primary deadline approaching.
WisdomTree’s Bitcoin ETF proposal didn’t get the SEC’s approval in 2021. Nevertheless. after BlackRock joined the spot Bitcoin ETF race, WisdomTree refiled its utility as effectively, Nevertheless, WisdomTree was not the one institutional large making a second try after rejections, the likes of Valkyrie, Constancy and Invesco have additionally re-filed their functions for a spot Bitcoin ETF.
It is a growing story, and additional info will probably be added because it turns into out there.