Bitcoin ETFs Resubmitted: Slam Dunk With The SEC Or Rejected Again?
Following the SEC stating that recent filings were inadequate, all spot Bitcoin ETF proposals have been submitted. With the ball back in the SECs court, will the latest updates to lead to a slam dunk approval with the chief US regulator, or another ruthless rejection? BlackRock Spot Bitcoin ETF Resubmitted Along With Others Weeks ago, $10+ trillion AUM investment giant BlackRock revealed it had filed with the SEC for approval on a spot Bitcoin ETF. Despite BlackRock being approved for 575 ETFs to one denial, the SEC claimed the filing, along with others, werent adequate. However, a new chart shows that the BlackRock iShares Bitcoin Trust has been resubmitted, along with all other spot BTC ETFs. Other filings include firms such as Cathie Woods ARK Invest, Bitwise, VanEck, Fidelity, and Valkyrie Investments. All of the spot # Bitcoin ETF filings have been resubmitted The ball is back in the SECs court ???? - Bitcoin Magazine (@BitcoinMagazine) 5 juillet 2023 The SECs next major deadline to respond begins in late August and each will receive a response before the first full week of September has ended. But will these resubmitted ETFs be a slam dunk with the SEC, or face further rejection? When will a spot BTC ETF be