Pando Asset – New Spot Bitcoin ETF Applicant; Analysts Have Concerns

Pando Asset – New Spot Bitcoin ETF Applicant; Analysts Have Concerns

1
The BTC market is positive amidst all the spot Bitcoin exchange-traded fund (ETF) filings by TradFi players. 
2
Pando has entered the competitive arena of spot Bitcoin ETF bids in the U.S.
The Bitcoin (BTC) market is quite optimistic after the recent frenzy of spot Bitcoin exchange-traded fund (ETF) filings. In the past several months, it has seen multiple traditional finance (TradFi) players stepping ahead for the BTC ETFs. Recently, Switzerland-based asset manager firm, Pando Asset, filed for the spot Bitcoin ETF with the SEC in the United States. 
According to Form S-1 filing with the Securities and Exchange Commission (SEC) on November 29, 2023, Pando Asset seeks approval of its ‘Pando Asset Spot Bitcoin Trust.’ The asset manager will have the leading U.S. cryptocurrency exchange Coinbase as a custodian for the services. 
Pando has entered the competitive arena of spot Bitcoin ETF bids in the U.S., becoming the 13th contender vying for appro

Czytaj więcej

We współpracy z: https://www.thecoinrepublic.com/2023/11/30/pando-asset-new-spot-bitcoin-etf-applicant-analysts-have-concerns/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy