• Tue. Nov 5th, 2024

BlackRock Resubmits Revised Bitcoin Spot ETF Proposal!

Dec 5, 2023

The post BlackRock Resubmits Revised Bitcoin Spot ETF Proposal! appeared first on Coinpedia Fintech News

BlackRock has resubmitted a revised proposal for a Bitcoin spot exchange-traded fund (ETF) to the US Securities and Exchange Commission (SEC), according to Bloomberg analyst James Seyffart. This marks the second time that BlackRock has submitted a revised document for the Bitcoin spot ETF-1, indicating that the SEC is actively working with multiple issuers to address the issues related to these proposals. Previously, Bitwise also submitted a second revised S-1 document. The SEC’s identical or very similar instructions to multiple issuers suggest that progress is being made towards resolving the regulatory hurdles for Bitcoin spot ETFs.


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[Source: Coinpedia]

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