BlackRock, which manages more than $9 trillion, piqued industry intrigue in June when it filed for an ETF that would hold bitcoin directly.
The SEC published the fund proposal in the federal register on July 19, starting a 240-day clock for the commission to rule on the product.
👉 Which means, SEC have only 240 days to announce the final Decision & these 240 days divided into Deadline batches days ~ 45, 45,90 & 60 Days
- 1st 45 Days from 19th July is marking on 2nd Sept, - 2nd 45 days will be mark on 17th OCT, & If they delay again so we have to wait for until next deadline 🗓
Once these ETF approve, BTC will boom 🚀
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BlackRock, which manages more than $9 trillion, piqued industry intrigue in June when it filed for an ETF that would hold bitcoin directly.
The SEC published the fund proposal in the federal register on July 19, starting a 240-day clock for the commission to rule on the product.
👉 Which means, SEC have only 240 days to announce the final Decision & these 240 days divided into Deadline batches days ~ 45, 45,90 & 60 Days
- 1st 45 Days from 19th July is marking on 2nd Sept,
- 2nd 45 days will be mark on 17th OCT, & If they delay again so we have to wait for until next deadline 🗓
Once these ETF approve, BTC will boom 🚀