Bitcoin ETF Hopefuls Face Looming Deadline for SEC Approval
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Bitcoin ETF contenders must file any final amendments to applications by today, including authorized participant agreements.
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SEC appears to be requiring cash-settled funds rather than those backed by Bitcoin.
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Failure to meet these provisions may exclude applicants from Bitcoin ETF race.
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Some amendments filed yesterday, but authorized participants not yet named.
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Experts predict SEC approval of a spot Bitcoin ETF in early 2023 due to flood of high-profile applicants.