Valkyrie and ARK 21Shares have recently submitted applications for spot Bitcoin ETFs to the U.S. Securities and Exchange Commission, joining a growing group of applicants seeking approval.
On January 4th, Valkyrie and ARK 21Shares filed for 8-A registration of securities with the SEC for a spot Bitcoin ETF. This follows the earlier filings by Grayscale and VanEck today, and Fidelity yesterday. The official filings by Valkyrie and ARK 21Shares today indicate a strong possibility of imminent approvals as they compete with others for the first spot Bitcoin ETF in the U.S.
There is a buzz in the market about the potential approval of a U.S. spot Bitcoin ETF. Despite rumors of potential rejections, the filings by Valkyrie and ARK 21Shares, among others, suggest a more positive outcome.
The crypto industry is hopeful for approvals
#Bitcoin, #BitcoinETF, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Regulations, #SEC
First found on: Valkyrie and ARK 21Shares File for First Spot Bitcoin ETF with SEC
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