Bitcoin ETF applications: Who is filing and when the SEC may decide By Cointelegraph
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The race to list the first spot-traded (BTC) exchange-traded fund (ETF) in the United States has seen the entrance of major financial institutions like BlackRock (NYSE:), Fidelity and VanEck.
While the U.S. Securities and Exchange Commission (SEC) first approved a Bitcoin-linked Futures ETF in October 2021, the current filings are for spot Bitcoin ETFs. Following Grayscale’s recent legal victory against the SEC’s review of its spot Bitcoin ETF proposal, many now believe approval of the investment funds is more likely.
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© Reuters.
The race to list the first spot-traded (BTC) exchange-traded fund (ETF) in the United States has seen the entrance of major financial institutions like BlackRock (NYSE:), Fidelity and VanEck.
While the U.S. Securities and Exchange Commission (SEC) first approved a Bitcoin-linked Futures ETF in October 2021, the current filings are for spot Bitcoin ETFs. Following Grayscale’s recent legal victory against the SEC’s review of its spot Bitcoin ETF proposal, many now believe approval of the investment funds is more likely.
Continue Reading on Coin Telegraph
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