US SEC Opens Window For Public Opinion On Bitcoin ETFs

US SEC Opens Window For Public Opinion On Bitcoin ETFs

Crypto News: Ahead of the July 2023 US Federal Reserve’s Federal Open Market Committee (FOMC) meeting, Bitcoin price is sitting firmly on the $30,000 support zone. In the recent weeks, the crypto market was driven by bullish forces due to the mass filings for spot Bitcoin ETFs with the US Securities and Exchange Commission (SEC). The historic Summary Judgment in the Ripple Vs SEC lawsuit, clubbed with market-favorable FOMC interest rate decision are expected to drive the bullish sentiment in the coming weeks.

Also Read: Bitcoin Price Eyes Big Move As Lightning Network Hits Binance – $38k BTC On The Cards?

Meanwhile, the federal regulatory agency opened a window of opportunity for investors, traders and general public to submit their views on the Bitcoin ETF filings made via the Cboe exchange. The SEC noted that the comments would be posted on the regulator’s website.

US SEC Invites Public Comment ON Bitcoin ETF Filings

The regulator invited comments on filings made by Wise Origin Bitcoin Trust, WisdomTree Bitcoin Trust, VanEck Bitcoin Trust and Invesco Galaxy Bitcoin ETF. The SEC said in its website,

“We encourage the public to submit comments on the Cboe BZX Exchange, Inc. filings during the comment period. We strongly encourage you to send your comments electronically.”

The comments will be open for submission until three weeks’ time.

Also Read: Binance Announces Support To Terra LUNA Mainnet Upgrade, Price Shoots 10%

Anvesh reports major crypto updates around regulation, lawsuits and trading trends. Published around 1,000 articles and counting on crypto and web 3.0. He is currently based in Hyderabad, India. Reach out to him at anvesh@coingape.com or twitter.com/BitcoinReddy

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

Share

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!