TechFlow reports, Bloomberg analyst James Seyffart stated that the SEC has officially accepted Franklin Templeton's spot Bitcoin ETF application, as well as Hashdex's Bitcoin and Ethereum ETF applications, listing them on its website.
Seyffart noted that it typically takes about a week from the filing of Form 19b-4 until the SEC accepts the application, but the swift acceptance this time may stem from concerns over a potential U.S. government shutdown.
Yesterday, Franklin Templeton submitted its Form 19b-4 for a Bitcoin ETF; upon receipt, the SEC will initiate the official review process for the ETF.
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