US Exchanges Publish Final Bitcoin ETF Filings, Awaiting SEC Approval
Major U.S. exchanges, including BlackRock, Grayscale, and Fidelity, have filed final applications for spot Bitcoin exchange-traded funds (ETFs), anticipating SEC approval soon. The updated filings respond to SEC input and signal optimism for the imminent approval of the first U.S. spot Bitcoin ETFs.
Representatives from two issuers have expressed expectations of approvals next week. A final deadline for SEC action on at least one application, filed by Ark 21 Shares, is January 10. Before the ETFs can launch, the SEC must approve both the 19b-4 and S-1 registrations.
Grayscale spokeswoman Jenn Rosenthal stated, "This filing is another important step towards uplisting GBTC as a spot Bitcoin ETF," referring to the company's Bitcoin trust that it intends to convert into an ETF. The SEC's commissioners are expected to vote on the exchange-rule filings next week, according to Bloomberg.
The filings and approvals mark a critical phase in the launch of U.S. spot Bitcoin ETFs, reflecting the industry's anticipation and regulatory progress in the cryptocurrency space.