Posted 1/9/2024, 11:02:39 AM
SEC Provides Feedback on Bitcoin ETF Filings, Spot ETF Approvals Possible This Week
- SEC sent comments to Bitcoin ETF issuers after they filed amended S-1 forms on Monday
- Comments addressed minor details and issuers expected to file updated documents on Tuesday
- Sources say spot Bitcoin ETFs could be approved by Wednesday, with trading starting Thursday
- Prospective issuers engaged in a "fee war," revealing competitive fee structures to attract investors
- Outcome remains uncertain; some optimistic while others worried SEC Chair Gensler may still block spot Bitcoin ETF