Coinspeaker
US SEC Reviewing All Recent Spot Bitcoin ETF Applications
The US Securities and Exchange Commission (SEC) has started reviewing all the spot Bitcoin ETF applications that it received over the last month, starting with BlackRock’s.
The regulator recently released documents for public consultations, but the official review process will begin once the filings are published in the federal register. The SEC is seeking comments on the ETF applications from Cboe, including those from Wise Origin, WisdomTree, VanEck, Invesco Galaxy, and ARK 21Shares. Additionally, the SEC is also seeking comments on BackRock’s iShares Bitcoin Trust, which was filed on Nasdaq.
BlackRock’s request to offer a Bitcoin ETF has been officially added to the Securities and Exchange Commission’s records for review. This is a significant step forward for the highly anticipated Bitcoin-related proposal.
BlackRock’s application has prompted a new wave of optimism in the crypto market. It also trigger
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