According to unconfirmed sources, the US Securities and Exchange Commission (SEC) may approve spot Bitcoin ETFs within days.
According to information provided by Axios, with the update of S-1 forms, some spot Bitcoin ETF applications have been filed. ready to be traded Waiting.
In order for the funds to be established, the 19b-4 documents filled out by the exchanges must also be approved by the SEC.
According to information based on people knowledgeable about the subject, S-1 and 19b-4 records made for some funds back to back confirmation likely.
Issuers shared updated details about management fees in their funds with the SEC earlier this week. BlackRock and VanEck made a few more updates today after receiving a quick response from the SEC.
According to Axios’ report Applications will be approved on Wednesday. and funds Processing will open on Thursday is considered.