The Valkyrie spot Bitcoin ETF application has now been acknowledged by the United States Securities and Exchange Commission (SEC), according to Eric Balchunas, a senior ETF analyst of Bloomberg. The acceptance of the application opens up the pathway for public scrutiny, inviting feedback before an official review takes place.
This move represents a step forward in the lengthy process of getting a Spot BTC ETF approved in the United States. With the SEC accepting the Valkyrie spot Bitcoin ETF application, an opportunity arises for investors and stakeholders to provide insights and perspectives on the proposed rule change.
Public Comment Period: A Prequel To SEC Review
Following an official filing made on July 17, the SEC accepted the proposed rule change to list and trade Valkyrie’s spot Bitcoin ETF under Nasdaq. The commission has now opened a 21-day window, inviting public comments before initiating its review process.
The acceptance of Valkyrie’s ETF application was confirmed by
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