BlackRock and VanEck filed updated registrations for spot Bitcoin ETFs with the U.S. Securities and Exchange Commission (SEC) today.
Issuers recently announced that their ETFs with management fees together had filed current filings with the SEC.
Bloomberg analyst James Seyffart said that the SEC will notify issuers in line with these updates. you made a comebackso today is new updates can be seen he said.
According to Seyffart, the SEC will review ETF applications. planning to postpone If he had, he would not have shared his current comments with the issuers yesterday.
BlackRock plans to implement a 0.3% fee policy for the iShares Bitcoin Trust. VanEck announced that this rate was 0.25%.
Both BlackRock and VanEck respectively made seed investments in their own funds. $10 million and $72.5 million spent. These do not mean that the applications will definitely be approved.