Bitcoin ETF Hopefuls BlackRock and Bitwise Submit Updated Filings to SEC, Providing More Details on Structure and Risks
• BlackRock and Bitwise file updated applications with SEC for spot Bitcoin ETFs, likely answering additional questions from the regulator
• Updates aim to provide more details on topics like security, risks, disclosures, and trust structure
• BlackRock's filing included 21 notable amendments spanning regulatory considerations
• SEC deadline to approve or reject spot Bitcoin ETFs is January 5-10, with 90% chance of approval according to Bloomberg
• Amendments from other ETF applicants like Fidelity, Franklin and WisdomTree expected soon