What are the upcoming deadlines for Bitcoin ETF approvals by the SEC?

The SEC is set to make decisions on seven Bitcoin spot ETF applications in early September. Specifically, Bitwise will receive a decision by September 1, while BlackRock, VanEck, Fidelity, Invesco, and WisdomTree will hear back by September 2. Valkyrie is expected to receive its decision by September 4. These deadlines are crucial as they follow a recent court ruling favoring Grayscale Investments.

What impact does the Grayscale court ruling have on Bitcoin ETF applications?

The recent court ruling in favor of Grayscale has increased the likelihood of successful outcomes for other Bitcoin ETF applications. The SEC now has 90 days to appeal the ruling or take further action. This decision has created a more favorable environment for applicants, although it does not guarantee approval for any specific ETF.

What options does the SEC have following the Grayscale decision?

After the Grayscale ruling, the SEC has a few options. It can either appeal the decision to the U.S. Supreme Court or seek an En banc review. If it chooses not to appeal, the court will determine how to implement its judgment, which could involve approving Grayscale's application or requiring a review of it.

What are the potential reasons for the SEC to deny Bitcoin ETF applications?

The SEC may deny Bitcoin ETF applications based on new arguments or concerns not previously addressed. Potential reasons could include issues related to custody or settlement of Bitcoin, which differ from those associated with futures ETFs. The SEC has expressed concerns about custodians, which could influence its decisions.

How long does the SEC have to make final decisions on Bitcoin ETFs?

The SEC has a total of 240 days post-filing to make final decisions on Bitcoin ETF applications. After the initial deadlines in early September, there are additional proposed due dates leading up to mid-March of the following year, when final decisions must be made.

What should investors consider regarding Bitcoin ETFs and SEC approvals?

Investors should closely monitor the upcoming SEC deadlines and the implications of the Grayscale ruling on Bitcoin ETF approvals. It's important to stay informed about potential delays and the SEC's reasoning behind its decisions, as these factors can significantly impact market sentiment and investment strategies.

What are the upcoming deadlines for Bitcoin ETF approvals by the SEC?

The SEC is set to make decisions on seven Bitcoin spot ETF applications in early September. Specifically, Bitwise will receive a decision by September 1, while BlackRock, VanEck, Fidelity, Invesco, and WisdomTree will hear back by September 2. Valkyrie is expected to receive its decision by September 4. These deadlines are crucial as they follow a recent court ruling favoring Grayscale Investments.

What impact does the Grayscale court ruling have on Bitcoin ETF applications?

The recent court ruling in favor of Grayscale has increased the likelihood of successful outcomes for other Bitcoin ETF applications. The SEC now has 90 days to appeal the ruling or take further action. This decision has created a more favorable environment for applicants, although it does not guarantee approval for any specific ETF.

What options does the SEC have following the Grayscale decision?

After the Grayscale ruling, the SEC has a few options. It can either appeal the decision to the U.S. Supreme Court or seek an En banc review. If it chooses not to appeal, the court will determine how to implement its judgment, which could involve approving Grayscale's application or requiring a review of it.

What are the potential reasons for the SEC to deny Bitcoin ETF applications?

The SEC may deny Bitcoin ETF applications based on new arguments or concerns not previously addressed. Potential reasons could include issues related to custody or settlement of Bitcoin, which differ from those associated with futures ETFs. The SEC has expressed concerns about custodians, which could influence its decisions.

How long does the SEC have to make final decisions on Bitcoin ETFs?

The SEC has a total of 240 days post-filing to make final decisions on Bitcoin ETF applications. After the initial deadlines in early September, there are additional proposed due dates leading up to mid-March of the following year, when final decisions must be made.

What should investors consider regarding Bitcoin ETFs and SEC approvals?

Investors should closely monitor the upcoming SEC deadlines and the implications of the Grayscale ruling on Bitcoin ETF approvals. It's important to stay informed about potential delays and the SEC's reasoning behind its decisions, as these factors can significantly impact market sentiment and investment strategies.

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SEC’s first deadlines to approve 7 Bitcoin ETFs coming over the next week

August 11, 2025August 11, 2025

Magazine: Hall of Flame: Wolf Of All Streets frets about a world where Bitcoin strikes $1M.

Nevertheless, fellow Bloomberg ETF analyst Eric Balchunas thought about the chances of the SEC revoking the Bitcoin futures ETFs as “highly not likely” since of the SECs reported openness to Ethereum futures ETFs.Lol, this guy turned the last paragraph of Judge Raos legal smackdown today into an MGMT-esque sythe banger. Actually captures the mood registered nurse, well done. https://t.co/BBJZR5O6To— Eric Balchunas (@EricBalchunas) August 29, 2023

The United States Securities and Exchange Commission is facing its first deadlines to choose on 7 new Bitcoin (BTC) spot exchange-traded fund applications with the most current being Sept. 4 amid its defeat to Grayscale Investments in a U.S. federal appeals court.Investment company Bitwise will learn if its ETF will win the SECs approval on Sept. 1 while BlackRock, VanEck, Fidelity, Invesco and Wisdomtree will all be waiting for the SECs decision for their funds by Sept. 2, according to a number of SEC filings.Meanwhile, Valkyrie is set to hear back from the SEC on Sept. 4. List of current Bitcoin area ETF candidate filing dates and deadlines. Source: BloombergThe U.S. Court of Appeals ruled on Aug. 29 that the SECs rejection of Grayscales application to convert its Grayscale Bitcoin Trust (GBTC) into an area Bitcoin ETF was “approximate and capricious”– but it does not indicate the SEC should authorize Grayscales application or others in the future, says Bloomberg ETF analyst James Seyffart.In an Aug. 29 Bloomberg interview, Seyffart explained Grayscales win “certainly” increases the chances of an effective outcome for the next wave of candidates. He isnt sure when that day might come though, as the SEC can delay its decisions and has 2 more proposed due dates for each fund prior to being required to make a last choice on the 240th day post-filing. For the waiting for candidates, the last due dates for the SEC are al mid-March next year.99.99999% of the world does not understand that the SEC has to select 7 BTC ETFs within the next 3 days:- blackrock-bitwise-vaneck-wisdomtree-invesco-fidelity -valkyriethe suits at our doorstep– odin free (@odin_free) August 29, 2023

What are the SECs choices post-Grayscale decision?After todays ruling in favor of Grayscale, the regulator has 90 days to file an appeal with the U.S. Supreme Court or apply for an En banc review– where a full circuit court can overturn a ruling made by a three-judge panel.However, the SEC hasnt explained what its next move will be.If the SEC doesnt appeal the court will need to define how its judgment is carried out which might consist of instructing the SEC to authorize Grayscales application, or at the extremely least review it.Related: BTC price jumps to 2-week highs on Grayscale vs. SEC Bitcoin ETF winEither method, Seyffart just saw 2 practical alternatives for the regulator.The first is for it to concede defeat and authorize Grayscales conversion of its GBTC to a Bitcoin spot ETF.Alternatively, the SEC would require to revoke the listing of Bitcoin futures ETFs totally or deny Grayscales application based upon a brand-new argument, said Seyffart.The second potential opportunity is to reject on factors not used before/yet … which i have been saying for months could involve Custody or settlement of #Bitcoin which is not something that futures ETFs need to fret about. SEC has actually made a lot of noise around custodians– James Seyffart (@JSeyff) August 29, 2023

Other Questions People Ask

What are the SEC's first deadlines to approve 7 Bitcoin ETFs coming over the next week?

The SEC's first deadlines to approve seven Bitcoin ETFs are rapidly approaching, with key dates set for September 1, September 2, and September 4, 2023. Investment firm Bitwise will find out if its ETF gets approved on September 1, while major players like BlackRock, VanEck, Fidelity, Invesco, and WisdomTree will receive decisions by September 2. Valkyrie is scheduled to hear back from the SEC on September 4. These deadlines are critical as they follow the SEC's recent legal challenges regarding Bitcoin ETF approvals.

How does the recent Grayscale ruling affect the SEC's first deadlines to approve 7 Bitcoin ETFs?

The recent ruling in favor of Grayscale has significant implications for the SEC's upcoming decisions on Bitcoin ETFs. Following the court's determination that the SEC's rejection of Grayscale's application was "arbitrary and capricious," the regulator now has 90 days to decide whether to appeal. This ruling may increase the likelihood of approval for the pending Bitcoin ETF applications, as it puts pressure on the SEC to reconsider its stance on cryptocurrency investment vehicles.

What options does the SEC have after the Grayscale decision regarding the upcoming Bitcoin ETF approvals?

After the Grayscale decision, the SEC faces a couple of options regarding the approval of the seven Bitcoin ETFs. It can either concede defeat and approve Grayscale's conversion of its Bitcoin Trust into a spot ETF or deny the application based on new arguments. Additionally, the SEC could potentially revoke existing Bitcoin futures ETFs if it chooses to take a more stringent approach. These decisions will shape the landscape for cryptocurrency investments moving forward.

What should investors expect from the SEC's decisions on Bitcoin ETFs next week?

Investors should prepare for potential volatility as the SEC announces its decisions on seven Bitcoin ETFs next week. The outcomes could significantly impact market sentiment and Bitcoin prices, especially given the recent legal victories for Grayscale. If approvals are granted, it may lead to increased institutional investment in Bitcoin, while rejections could dampen enthusiasm for cryptocurrency ETFs. Keeping an eye on these developments is crucial for anyone involved in cryptocurrency investments.

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