banner

Bitcoin Spot ETF Updates: SEC Filings and Market Anticipation

New updates reveal BlackRock has submitted a revised Bitcoin Spot ETF filing to the SEC. Bloomberg analysts indicated ongoing negotiations between the SEC and BlackRock, along with other Bitcoin Spot ETF applicants.

Bitwise also adjusted its SEC application recently, suggesting intense discussions among early applicants. While the SEC favors the cash method for spot ETF applications, applicants are adamant about an in-kind approach directly holding Bitcoin.

Bloomberg analysts estimate a 90% chance of Bitcoin Spot ETF approval by January 10. Recent delays imply that SEC decisions regarding BTC spot ETFs will involve all applicants collectively.

BTC’s price surged above $42,000 amid expectations for the spot ETF, reflecting market anticipation.

banner

Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

Follow Us

Top Selling Multipurpose WP Theme

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

banner

Crypto feed news

Our team of crypto enthusiasts and market mavens is on a mission to deliver the latest, juiciest, and most insightful updates from the ever-evolving world of cryptocurrencies.

@CryptoFeedNews 2023 All Right Reserved. Designed and Developed by TheDevThingz

Skip to content