ARK Bitcoin Spot ETF Delayed Again: Decision Pushed to January 2024
The wait continues for a spot Bitcoin ETF in the US. The Securities and Exchange Commission (SEC) has once again delayed its decision on several Bitcoin spot ETF applications, including the highly anticipated ARK 21Shares Bitcoin ETF. This latest postponement means a final verdict won't be delivered until January 2024.
SEC Delays ARK 21Shares Bitcoin ETF: What Happened?
In a filing dated Sept. 26, 2025, the SEC announced it would defer its decision on the proposed rule change that would allow the ARK 21Shares spot BTC ETF to be listed on the Cboe BZX Exchange. This extension allows the Commission more time to evaluate the proposal. The SEC’s filing designates Janu, as the final date for either approval or disapproval.
According to the SEC's notice, issued on Sept. 26, 2025, the agency is utilizing its maximum extension window. This means the SEC has until Janu, to either approve or reject the ARK 21Shares Bitcoin ETF proposal.
Key Deadlines and the SEC's Pressure
With Janu, now the key deadline, the SEC faces increasing pressure to make a decision. The ARK 21Shares spot Bitcoin ETF is just one of many applications under consideration. Major financial players such as Blackrock, Fidelity, and Bitwise are also vying for approval.
What Does This Mean for Investors?
The ongoing delays highlight the SEC's cautious approach to Bitcoin spot ETFs. While many investors are eager for a regulated and accessible way to invest in Bitcoin, the SEC continues to scrutinize these applications. Stay tuned for further updates as we approach the Janu, deadline.