Posted 12/9/2023, 9:01:42 AM
VanEck Tries Humor to Woo SEC for Bitcoin ETF Approval with 'HODL' Ticker
- VanEck files 5th amendment to spot Bitcoin ETF application, using ticker symbol "HODL"
- Analysts say ticker could attract crypto-savvy investors while avoiding negative attention from advisors
- VanEck tweet jokes ticker will "bring all the baby boomers to the yard" if approved
- Several major firms still competing for first SEC-approved spot Bitcoin ETF
- VanEck expects SEC approval in January, estimates $2.4 billion in inflows in first quarter