BlackRock and Bitwise amended applications for spot Bitcoin ETF yet again

Asset manager BlackRock has updated its application to launch the first-ever spot Bitcoin ETF in U.S.

The document appeared on the website of the U.S. Securities and Exchange Commission (SEC). Bitwise has also updated its application to launch a similar tool.

Analysts believe the action signals that the SEC is continuing discussions with the market about opportunities to approve a spot Bitcoin ETF.

The updates could be a step that allowed companies to “tailor” applications to the regulator’s requirements.

BlackRock’s updated document included new language about the efforts the trust administrator will make to monitor unusual price movements. It also added anti-money laundering compliance language and included a verified PricewaterhouseCoopers statement.

Bloomberg analysts expect approval of a spot Bitcoin ETF in the U.S. in January 2024. James Seyffarth and Eric Balchunas believe there is a 90% chance of a spot Bitcoin ETF being approved before January 10, 2024, the day by which the SEC must make a final decision on ARK Invest’s application.

此頁面可能包含第三方內容,僅供參考(非陳述或保證),不應被視為 Gate 認可其觀點表述,也不得被視為財務或專業建議。詳見聲明
  • 讚賞
  • 留言
  • 轉發
  • 分享
留言
0/400
暫無留言
交易,隨時隨地
qrCode
掃碼下載 Gate App
社群列表
繁體中文
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)