Valkyrie Leads Updated Push for SEC Approval of Bitcoin Spot ETFs
-
Valkyrie Investments amended its spot Bitcoin ETF filing with the SEC, joining several other firms making similar updates.
-
The updated Valkyrie filing aims to offer shares backed by Bitcoin under the ticker BRRR on Nasdaq.
-
Valkyrie's filing follows SEC's delay of decision on the firm's Bitcoin ETF in September.
-
The amendments are seen as a positive sign of progress on Bitcoin ETF approvals by analysts.
-
At least 5 other spot Bitcoin ETF filers have yet to update their filings, including WisdomTree, Invesco, Galaxy, Hashdex and Franklin Templeton.