{"id":26559,"date":"2023-08-07T23:19:55","date_gmt":"2023-08-07T23:19:55","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/08\/07\/cathie-wood-sec-may-approve-more-than-one-bitcoin-etf-at-once\/"},"modified":"2023-08-07T23:19:55","modified_gmt":"2023-08-07T23:19:55","slug":"cathie-wood-sec-may-approve-more-than-one-bitcoin-etf-at-once","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/08\/07\/cathie-wood-sec-may-approve-more-than-one-bitcoin-etf-at-once\/","title":{"rendered":"Cathie Wood SEC may approve more than one Bitcoin ETF at once"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/08\/183953128_m_normal_none-min-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/08\/183953128_m_normal_none-min-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/08\/183953128_m_normal_none-min-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/08\/183953128_m_normal_none-min-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2023\/08\/183953128_m_normal_none-min.jpg\" alt=\"cathie wood sec approve more bitcoin etf\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>SEC has to rule on ARK\u2019s utility for a Bitcoin ETF by August thirteenth.<\/li>\n<li>Cathie Wood expects the monetary regulator to increase that deadline.<\/li>\n<li>A abstract of what else she mentioned in an interview with Bloomberg in the present day.<\/li>\n<\/ul>\n<p>The U.S. SEC will doubtless delay ruling on utility for a Spot Bitcoin ETF that Ark Invest registered on May 15<sup>th<\/sup>, says Cathie Wood.<\/p>\n<h2>Highlights from Wood\u2019s interview with Bloomberg<\/h2>\n<p>Current deadline for the monetary regulator to announce its resolution on the mentioned submitting is August 13<sup>th<\/sup>. But the famed investor anticipates that the Securities and Exchange Commission will prolong that deadline.<\/p>\n<p>Speaking with <a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2023-08-07\/wood-sec-could-approve-more-than-one-bitcoin-etf-video\" target=\"_blank\" rel=\"noopener\">Bloomberg<\/a> this morning, the Founder and Chief Executive of Ark Invest additionally alluded to the chance that the U.S. SEC may approve a bunch of Bitcoin ETFs at once.<\/p>\n<blockquote>\n<p>I feel SEC, if it\u2019s going to approve a Bitcoin ETF, will approve more than one at once. Most of those can be identical, and it\u2019ll come right down to advertising and speaking the message.<\/p>\n<\/blockquote>\n<p>Other than her funding administration agency, eight others, together with <a href=\"https:\/\/coinjournal.net\/news\/should-exchanges-fear-a-blackrock-etf\/\">BlackRock Inc<\/a>, have to this point filed for such an exchange-traded fund.<\/p>\n<h2>Wood is considerably invested in Grayscale Bitcoin Trust<\/h2>\n<p>A Bitcoin ETF has been the entrance and centre of all crypto-related debates in latest months.<\/p>\n<p>In truth, the potential for one that may make it more handy to achieve publicity to BTC has largely contributed to the 80% <a href=\"https:\/\/www.thenationalnews.com\/business\/cryptocurrencies\/2023\/06\/23\/bitcoin-surges-to-highest-level-since-june-last-year\/\" target=\"_blank\" rel=\"noopener\">year-to-date rally<\/a> in Bitcoin. Wood additionally mentioned on Monday:<\/p>\n<blockquote>\n<p>We\u2019ve been placing out our Bitcoin month-to-month for the final yr. We\u2019re now beginning a Bitcoin brainstorming session. We\u2019re attempting to get the phrase on the market that our analysis is deep.<\/p>\n<\/blockquote>\n<p>Note that the third largest holding in her Ark Next Generation Internet ETF at writing is Grayscale Bitcoin Trust. Wood shunned commenting, although, on what she plans on doing along with her funding in GBTC if a Spot <a href=\"https:\/\/coinjournal.net\/news\/tag\/bitcoin\/\">Bitcoin<\/a> ETF will get a nod from the monetary regulator.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/cathie-wood-sec-approve-more-than-one-bitcoin-etfs\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] SEC has to rule on ARK\u2019s utility for a Bitcoin ETF by August thirteenth. Cathie Wood expects the monetary regulator to increase that deadline. A abstract of what else she mentioned in an interview with Bloomberg in the present day. The U.S. SEC will doubtless delay ruling on utility for a Spot Bitcoin ETF [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[3],"tags":[6952,20,4666,939,571,4901],"class_list":["post-26559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-approve","tag-bitcoin","tag-cathie","tag-etf","tag-sec","tag-wood","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/26559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=26559"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/26559\/revisions"}],"predecessor-version":[{"id":26560,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/26559\/revisions\/26560"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/26561"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=26559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=26559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=26559"}],"curies":[{"name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