More Positive Indicators for Spot Bitcoin ETFs

posted  23 Dec 2023
Photo - More Positive Indicators for Spot Bitcoin ETFs
The U.S. Securities and Exchange Commission (SEC) has designated December 29 as the deadline for the final amendments to the registration applications of spot Bitcoin ETFs, applicable to at least two companies, as per a Reuters report.

In a related development, BlackRock is reportedly gearing up to receive an initial investment of $10 million on January 3rd for its own spot Bitcoin ETF venture.
While this doesn't guarantee that the iShares Bitcoin ETF will be launched or receive SEC approval on that specific day, it clearly indicates BlackRock's expectation of a favorable outcome in the near future.


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