On Wednesday, 5 spot Bitcoin ETF applications will make to the Federal Registrar for SEC consideration.
Some market players argue that the arrival of spot Bitcoin ETF won’t be a game-changer, except for the initial hype.
In June the U.S. Securities and Exchange Commission (SEC) received a flood of applications for the spot Bitcoin ETF, the most notable from BlackRock. Currently, the federal securities regulator has a total of six applications for review, from some of the top financial giants.
Earlier on Tuesday, the spot Bitcoin ETF application from Bitwise hit the Federal Register. Later today on Wednesday, July 19, the US SEC shall be reviewing five other applications that include: BlackRock’s iShares Bitcoin Trust, Fidelity’s Wise Origin Bitcoin Trust, VanEck Bitcoin Strategy ETF, WisdomTree Bitcoin Trust, and Invesco Galaxy Bitcoin ETF.
Last week, the SEC asked for public opinions on Bitcoin ETFs by publishing documents. However, the official review process only starts when t

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