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Showing posts with the label spot bitcoin etf

All Spot Bitcoin ETF Applicants Submit Final 19b-4 Amendments

All exchanges and firms who are applying for Spot Bitcoin ETFs with the SEC have submitted their final 19b-4 amendments. The form releases show that these applicants are optimistic that the SEC will in fact approve their Bitcoin ETF applications. JUST IN: All Spot #Bitcoin ETF applicants submitted 19b-4 final amendments: • VanEck • Bitwise • Fidelity • Franklin • Valkyrie • Hashdex • ArkInvest • Grayscale • BlackRock • WisdomTree • Invesco Galaxy — Watcher.Guru (@WatcherGuru) January 5, 2024 Also Read: SEC Has No More Feedback on Bitcoin ETFs, Approval on the Way? Following review of S1 and other documents, the SEC said earlier Friday that it has nothing left to review from the applicants. In fact, the commission asked that these exchanges share any final documents and their 19b-4 amendments in order for the SEC to begin the voting process, likely next week. The amended 19b-4 filings, filed on behalf of B...

BlackRock Authorizes JPMorgan as a Participant For Bitcoin ETF

BlackRock officially named JPMorgan as an authorized participant for its pending Spot Bitcoin ETF. Upon any approval by the SEC, JPMorgan Securities and Jane Street Capital will be among the first financial firms to begin working with Bitcoin shares for investments. JUST IN: BlackRock names JPMorgan as an authorized participant for its Spot #Bitcoin ETF. — Watcher.Guru (@WatcherGuru) December 29, 2023 Also Read: Chainlink: Pink Drainer’s $4.4M Crypto Raid Sparks Industry Alarm In the latest amendment to its S-1, BlackRock brought itself to the starting gates for the Spot Bitcoin ETF race. Investors have long pursued a spot BTC ETF in the US. The Securities and Exchange Commission, fortunately, is expected to approve the first one as soon as January 2024. The SEC has long pushed back its decision on Bitcoin ETF approval in the US, citing multiple concerns. However, US courts have put pressure on the regulator to make a decision, raising the hype around...

K33 Research: Spot Bitcoin ETF approvals expected in January

A K33 Research report said SEC approval s for spot Bitcoin ETFs in January are likely “nailed on” amid a flurry of updated S-1 filings from issuers like BlackRock. The United States Securities and Exchange Commission (SEC) is on track to sanction spot Bitcoin ETFs in early January following progressive talks with issuers over the preferred redemption model for these investment vehicles, according to K33 Research.  Cash creation is not the most efficient structure, but the filers’ updates are a further signal in favor of ETF approval s in the next three weeks. – K33 research report Altcoin euphoria as bitcoin ranges; spot ETF approval looms, widening contangos, and spot volumes stay elevated. Read this and more in our weekly market report Ahead of the Curve https://t.co/QFYxfb75QB pic.twitter.com/xSTYJZ7rsS — K33 Research (@K33Research) December 19, 2023 Dec. 18 saw a pivot to this cash creates structure from several issuers, including BlackRock and WisdomTree,...