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RE: U.S. Government Shutdown Leading to Possible Automatic ETF Approval

in #bitcoin6 years ago

Remotely possible. Check our article linked above for details:

"The SEC doesn’t have the power to extend the 240-day deadline. The statute absolutely prohibits any further delays … By law, that means if the SEC fails to make a decision by the February 27 deadline, the ETF will be automatically approved."

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