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SEC delays decision on WisdomTree’s and One River’s applications for spot Bitcoin ETFs

The SEC pushed back on the deadline for approving or disapproving two spot bitcoin ETFs saying it would extend its window on WisdomTree’s Bitcoin ETF vehicle to May 15 and One River’s to June 2.

ETF Newz Says: This is somewhat interesting as the SEC has just been denying these applications in the past. The extension makes one think they are going to get more clarification here, which lends you to believe they could approve going forward.