Posted 10/29/2023, 9:06:48 PM
VanEck Files Updated Bitcoin ETF Application With SEC, Adds Bitcoin For Fund Seeding
- VanEck files amended application for spot Bitcoin ETF with SEC
- Seed investor purchases Seed Creation Baskets with Bitcoin for proposed ETF
- Filing suggests fund seeding with Bitcoin, different from other spot ETF proposals
- VanEck joins other firms like Bitwise and ARK Invest in updating spot Bitcoin ETF applications
- Wave of amended filings may signal progress in talks between asset managers and SEC