Bitcoin's price remained largely unchanged despite the SEC's latest action.
The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the Ark 21Shares spot Bitcoin’s (BTC) ETF application.
Earlier today, the financial regulator asked for public comments, including written data, views, and arguments, on the Ark’s BTC application within the next three weeks.
In the notice, the SEC asked the public to comment on whether Bitcoin Spot ETFs are vulnerable to manipulation, whether the Chicago Mercantile Exchange (CME ) represents a regulated market of significant size related to spot BTC trades, views on the surveillance sharing agreement (SSA) with Coinbase, and whether the Bitcoin market resists manipulation.
