The agenda of the cryptocurrency market has been largely in the last few months. Bitcoin He is focused on his ETFs. The SEC has required all ETF applicants to file S-1 amendments by December 29, 2023. This was discussed as a detail that strengthens the possibility of initial approval.
Fox Business’ Eleanor Terrett suggests that the SEC has confirmed that applications completed so far can be considered in the first wave. lasted.
Confirming the date for final amendments to all S-1s by Friday the 29th. the @SECGov has told issuers that applications that are fully finished and filed by Friday will be considered in the first wave. Anyone who is not will not be considered. In addition, the filings cannot… https://t.co/syyINu1BEI
— Eleanor Terrett (@EleanorTerrett) December 24, 2023
NEWS CONTINUES BELOW
As we reported as Koinfinans.com BlackRockLeading names such as , Fidelity and Hashdex made many changes in their conditions after the SEC meetings they held last month. Speculations were also frequently shared that the talks between leading companies and the regulatory body were not going well.
Investment giant BlackRock does not refrain from making posts and updates that maintain its belief that the spot ETF application it made at the beginning of this year will be approved. The investment giant claims that the impact and success of ETF approval could get much better with the “iShares Bitcoin Trust.”
Expectations for Bitcoin ETF are High
The ongoing litigation between the SEC and Grayscale Investments remains one of the top speculations driving sentiment that the regulator may finally approve the product. The court made important decisions such as the right to reconsider the applications in question. The SEC, on the other hand, did not even object to these decisions and put things in a more moderate tone.
Another obvious catalyst is the potential Bitcoin ETF issuers have reached agreement on the redemption model for the BTC ETF. According to Eleanor Terrett, while many people are looking for a new model to focus on Bitcoin, the SEC is not very keen on these models.