Crypto Tsunami: SEC Flooded with Spot Bitcoin ETF Applications as Decision Deadline Nears!
In a whirlwind of activity, asset managers are making waves, submitting registrations for their spot bitcoin exchange-traded funds (ETFs) to the U.S. Securities and Exchange Commission (SEC). With the first decision deadline on January 10, the crypto community is on the edge of its seat, speculating about a potential early call from the SEC.
Titans Clash: Vaneck, Valkyrie, Grayscale, Fidelity, and Bitwise Enter the Ring!
The competition is fierce as industry giants like Vaneck, Valkyrie, and Grayscale Investments threw their hats into the ring last Thursday. Fidelity strategically joined the fray on Wednesday, and Bitwise had already marked its territory the week prior. This dynamic lineup showcases the industry's united push toward paving the way for spot bitcoin ETFs.
Battle of the Exchanges: NYSE Arca, Cboe BZX, and Nasdaq Await Crypto Glory!
The drama unfolds on the exchange battleground, with Grayscale and Bitwise eyeing the prestigious NYSE Arca. Vaneck and Fidelity prepare for a showdown on the Cboe BZX Exchange, while Valkyrie aims to make its mark on Nasdaq. The choice of exchange adds an extra layer of excitement to this unfolding crypto saga.
Fidelity's Symphony: The Rise of the Wise Origin Bitcoin Fund!
Fidelity, a giant in the crypto space, reveals its strategy in the filing: "The securities to be registered hereunder are shares... of the Fidelity Wise Origin Bitcoin Fund." With approval secured for the listing of the trust's shares by the Cboe BZX Exchange, Inc., Fidelity solidifies its role as a significant player in the ever-evolving world of spot bitcoin ETFs.
Source
https://t.me/CryptoNewsSource
