SEC Delays Decision on WisdomTree Bitcoin ETF Application

The review period for the application is now extended by 45 days from May 26.

AccessTimeIconJun 2, 2021 at 2:51 p.m. UTC
Updated Mar 8, 2024 at 4:27 p.m. UTC

The U.S. Securities and Exchange Commission (SEC) chose last week to delay a decision on WisdomTree’s bitcoin ETF application.

The SEC renders an initial decision on prospective applications within 45 days unless it extends the window, which it can do for 240 days.

The regulatory watchdog said on May 26 that it was extending WisdomTree’s application review by 45 days.

In late April, the SEC delayed a decision on VanEck’s bitcoin ETF application to at least June. In late May, WisdomTree filed an ethereum ETF application.

Read more: SEC Delays VanEck Bitcoin ETF Decision to June at Earliest

Meanwhile, WisdomTree bitcoin and ethereum exchange-traded products have recently begun trading in Amsterdam and Paris.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Nate DiCamillo

Nate DiCamillo is a business reporter at CoinDesk with a focus on banking and economics.