SEC delays spot Bitcoin ETF decision for BlackRock, Invesco and Bitwise

Published

2 years ago

September 29, 2023

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Invesco, Bitwise and Valkyrie were also hit with delays by the U.S. Securities and Exchange Commission. 16150 Total views 38 Total shares Listen to article 0:00 News Join us on social networksThe United States Securities and Exchange Commission has delayed its decision on several proposals for spot Bitcoin (BTC) exchange-traded funds (ETFs), includingBlackRock,ahead of an anticipated government shutdown.

The spot Bitcoin ETF applications ofInvesco, Bitwise and Valkyriewere also delayed by the SEC, according to separate Sept. 28 filings, whileBloomberg ETF analyst James Seyffart is expecting the applications from Fidelity, VanEck and WidsomTree to also be pushed back by the securities regulator.

ANOTHER: @BlackRock joins the party on spot #Bitcoin ETF delays. Three out of seven down. https://t.co/Cn9DSibqf8 pic.twitter.com/eJTzDNInCi James Seyffart (@JSeyff) September 28, 2023

The latest delays came two weeks earlier than the scheduled second deadline date for many applicants, who had been expecting to hear from the securities regulator by Oct. 1619.

Seyffart said the timing of the delays is related to the expected U.S. government shutdown potentially taking place on Oct. 1, which will disrupt the country’s financial regulators and other federal agencies.

Both chambers of Congress the House and Senate havent agreed on various funding bills to finance government operations andCongress needs to pass 12 separate full-year funding bills by Oct. 1 to avoid a shutdown.

The SEC delayed a bundle of spot Bitcoin ETF applicants in late August when the first deadline was approaching.

Meanwhile, the third set of deadlines for the seven firms is around mid-January, and they could also be delayed. The SEC will have to make a final decision by mid-March at the very latest.

Related: Bitcoin ETFs or not, dont expect a sexy crypto bull run Concordium founder

In late August, Bloomberg ETF analyst Eric Balchunas estimated that the probability of a spot Bitcoin ETF being approved by the end of 2023 had increased to 75% (from an earlier 65%).

He cited the unanimity and decisiveness at which the U.S. Court of Appeals Circuit reached its decision in Grayscales court win over the SEC as the main reason behind the odds increasing.

Balchunas further raised those odds to 95% by the end of 2024.

Magazine: How to protect your crypto in a volatile market Bitcoin OGs and experts weigh in # Bitcoin # Government # SEC # ETF # United States # Regulation

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Bama’s Meadows exits after violent hit at Mizzou

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38 mins ago

October 11, 2025

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Bama's Meadows exits after violent hit at Mizzou

Associated Press

Oct 11, 2025, 12:58 PM ET

COLUMBIA, Mo. — Alabama wide receiver Derek Meadows appeared to be knocked unconscious by a violent hit from Missouri safety Marvin Burks Jr. on Saturday, resulting in a scary situation in the first quarter at Memorial Stadium.

Meadows had leaped to catch a pass from Crimson Tide quarterback Ty Simpson when Burks, ranging to his left, delivered a big shoulder-to-shoulder blow. Meadows hit the turf and lay motionless, his right arm bent at an awkward angle, as several members of the Crimson Tide coaching staff rushed from the sideline to surround him.

Quiet fell over the stadium, and it took several minutes before they sat Meadows up, and several more before they helped him walk off the field. Burks was flagged for targeting on the play, and the penalty was upheld after the officials reviewed it.

Meadows, a freshman from Las Vegas, has yet to catch a pass in a game this season.

The game between the eighth-ranked Crimson Tide and No. 14 Missouri marks the first in Columbia between two AP top-15 teams since Sept. 29, 1979, when the Tigers lost to Texas. Alabama has not lost to Missouri since 1975.

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Stanford CB responsive after leaving in ambulance

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38 mins ago

October 11, 2025

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Stanford CB responsive after leaving in ambulance

Associated Press

Oct 11, 2025, 01:18 PM ET

DALLAS — Stanford cornerback Aaron Morris was alert and responsive after being immobilized and taken off the field in an ambulance following a tackle, the school said Saturday.

Morris’ face mask was removed while he was placed on a stretcher before he was loaded onto the ambulance at SMU’s Ford Stadium. Stanford spokesman Brian Brownfield said Morris was “alert and responsive. Doing well.”

Morris and Ziron Brown were credited with the tackle on a 12-yard catch by Jordan Hudson with five minutes left in the first quarter.

Morris is a junior from Lowell, Massachusetts. He was playing in the fourth of Stanford’s six games this season after making 17 appearances in his first two years.