Reuters: The SEC may notify Bitcoin spot ETF issuers as soon as Tuesday or Wednesday that they have been cleared to launch the following week, said those sources. There are currently a total of 14 asset managers hoping to finally win SEC approval for spot bitcoin ETFs.
https://www.reuters.com/business/finance/blackrock-vaneck-among-asset-managers-that-submitted-updated-filings-spot-2023-12-30/
https://www.reuters.com/business/finance/blackrock-vaneck-among-asset-managers-that-submitted-updated-filings-spot-2023-12-30/
Reuters
BlackRock, VanEck among asset managers that submitted updated filings for spot bitcoin ETF
Asset management firms hoping to be among the first to win regulatory approval to launch exchange traded funds (ETFs) tied to the spot price of bitcoin updated their filings with the Securities and Exchange Commission on Thursday and Friday, as market participants…
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Today, the Commission approved the listing and trading of a number of spot bitcoin exchange-traded product (ETP) shares.
Last paragraph:
"While we approved the listing and trading of certain spot bitcoin ETP shares today, we did not approve or endorse bitcoin. Investors should remain cautious about the myriad risks associated with bitcoin and products whose value is tied to crypto."
Last paragraph:
"While we approved the listing and trading of certain spot bitcoin ETP shares today, we did not approve or endorse bitcoin. Investors should remain cautious about the myriad risks associated with bitcoin and products whose value is tied to crypto."
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Forwarded from بیتگاید (RK)
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For those of you wondering where the effect of the ETF went: we have been seeing the effect all along.
It was largely the ETF excitement that pulled #Bitcoin from the $25k range to $45k
Now that the wallstreet doors have been opened to Bitcoin, significantly more upside is coming save for a short-term consolidation.
It was largely the ETF excitement that pulled #Bitcoin from the $25k range to $45k
Now that the wallstreet doors have been opened to Bitcoin, significantly more upside is coming save for a short-term consolidation.
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