The last update date for the Spot Bitcoin ETF application was first reported by Fox Business as December 29. Reuters confirmed that this date was correct.
The U.S. Securities and Exchange Commission (SEC) has announced the latest update dates for companies applying for Spot Bitcoin Exchange Traded Funds (ETFs). The SEC is asking companies to submit final changes by the end of next week. These companies must file final S-1 amendments by December 29 and complete their applications according to standards set by the SEC. Otherwise, they will not be able to participate in the first stage of Spot BTC ETF approval, which is planned to be held in early January.
7 Company Representatives were Interviewed
More than 13 companies have applied for the ETF, including the world’s largest asset manager, BlackRock, as well as major financial institutions such as VanEck, Grayscale and HashDex.
On December 21, SEC officials met with representatives of at least seven companies hoping to launch a Spot Bitcoin ETF in early 2024. It was reported that representatives from stock exchanges such as Nasdaq and Chicago Board Options Exchange (CBOE), as well as lawyers and issuers, attended these meetings.
If approved, the Spot Bitcoin ETF will likely increase the interest of a wide range of investors in the cryptocurrency market and could lead to further innovation and development in the space.
