SEC Launches Review of Latest Bitcoin ETF Applications

The clock on the SEC's review process doesn't formally start ticking until the filings are published in the federal register.

AccessTimeIconJul 17, 2023 at 10:25 a.m. UTC
Updated Jul 18, 2023 at 5:58 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

The U.S. Securities and Exchange Commission (SEC) has launched its review of the latest bitcoin exchange-traded-fund (ETF) applications.

While the regulator published documents seeking public consultations last week, the clock on the review process doesn't formally start until the filings are published in the federal register.

The SEC has asked for comments on all five of Cboe’s ETF applications: Wise Origin, WisdomTree, VanEck, Invesco Galaxy and ARK 21Shares. In separate documents, it also asked for comments on BackRock's iShares Bitcoin Trust, filed on Nasdaq, and Bitwise's Bitcoin ETP Trust, filed on NYSE Arca.

Last week, shares of crypto exchange Coinbase jumped as much as 16% after it reached an agreement with Cboe’s BZX Exchange to maintain a surveillance-sharing agreement the five ETF applications.

UPDATE (July 17, 11:32 UTC): Adds BlackRock's iShares Bitcoin Trust.

UPDATE (July 18, 05:45 UTC): Adds details on Bitwise's Bitcoin ETP Trust.

Edited by Sheldon Reback.


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.

Amitoj Singh

Amitoj Singh is a CoinDesk reporter.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.