SEC pushes decision on ARK 21Shares Bitcoin ETF to April 3 By
© Reuters.
The U.S. Securities and Exchange Commission has extended its window to approve the ARK 21Shares exchange-traded fund (ETF) originally proposed in July 2021.
According to a Tuesday filing from the SEC, the regulatory body will push the deadline for approving or disapproving the ARK 21Shares Bitcoin ETF from Feb. 2 for an additional 60 days, to April 3. SEC Assistant Secretary J. Matthew DeLesDernier noted in the filing that it was “appropriate to designate a longer period” for the regulatory body to consider the proposed rule change, allowing the ETF to be listed on the Cboe BZX Exchange.
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