WisdomTree asset management company has submitted a revised spot Bitcoin ETF prospectus (S-1 filing) to the U.S. Securities and Exchange Commission (SEC). Bloomberg ETF analyst James Seyffart explains that WisdomTree is still planning to launch an ETF, but left behind the spot Bitcoin ETF race as others have already submitted updated applications.
WisdomTree Files Updated Spot Bitcoin ETF
Bloomberg ETF analyst James Seyffart on November 17 revealed WisdomTree has amended its spot Bitcoin ETF S-1 filing with the U.S. SEC. He said it indicates WisdomTree is still planning to launch a spot Bitcoin ETF after a recent delay from the SEC.
He explained that “All issuers were expected to have to file one of these in order to potentially launch their ETF at some point. Just a step in the process. Nothing critical.”
Bloomberg senior ETF analyst said he doesn’t include WisdomTree and Franklin in the race as they filed so late and should be held back. However, he raised concerns over whether
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