The U.S. Securities and Exchange Commission (SEC) is requesting public input on the potential establishment of Bitcoin exchange-traded funds (ETFs) by ARK Invest. The SEC is reviewing a proposal and is encouraging individuals to submit written data, opinions, and arguments by September 2nd. CEO of ARK Invest, Cathie Wood, believes that the SEC may extend the deadline and that if one BTC ETF is approved, several others are likely to follow. This news was reported by Alex, a finance journalist at CoinsPress.
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