BlackRock, the world’s largest asset manager, expects its spot Bitcoin exchange-traded fund (ETF) application to be approved on Wednesday, January 10.
While Spot Bitcoin ETF applications have reached their final plateau, the giant company BlackRock has marked the date of January 10. Fox Business According to the news provided by BlackRock officials of the U.S. Securities and Exchange Commission (SEC) iShares Bitcoin Trust (IBIT) Spot Bitcoin ETF named Wednesday, January 10 waiting for the date to be confirmed.
Experienced in the past period of January 10-11 Bloomberg It was also expressed by analysts. Analysts say spot Bitcoin ETFs must be approved collectively to avoid unfair competition. waiting.
There is no official statement from the regulatory body yet on the subject. However, applicants S-1 deadline for files 8 January 16.00 CET was determined as . All of the applicants responded to the SEC’s demands by updating their spot Bitcoin ETF filings last week.
If these spot Bitcoin ETF applications are approved, they would be funds that track the price of Bitcoin and are traded on a regulated basis on a public exchange. will be the first products.
All eyes are on after Spot Bitcoin ETF applications to spot Ethereum ETFs will return because many of the same companies have made a similar request for Ethereum.