SEC Delays Spot Bitcoin ETF Decision for BlackRock, Invesco, and Bitwise

The United States Securities and Exchange Commission (SEC) has postponed its decision on several proposals for spot Bitcoin exchange-traded funds (ETFs), including those from BlackRock, amid concerns of a potential government shutdown.

In addition to BlackRock, the SEC also delayed the spot Bitcoin ETF applications from Invesco, Bitwise, and Valkyrie, as noted in separate filings dated September 28. Bloomberg ETF analyst James Seyffart anticipates that applications from Fidelity, VanEck, and WisdomTree may also face delays from the securities regulator.