Nasdaq has recently submitted an updated filing for the iShares Bitcoin Trust, which comes just a week after reports that the initial filings from both Nasdaq…
The Securities and Exchange Commission (SEC) has deemed recent filings for a spot Bitcoin exchange-traded fund (ETF) in the US as inadequate, according to the WSJ.
BlackRock which looks after around $10 trillion on behalf of clients has triggered a flood of U.S. spot bitcoin exchange-traded fund (ETF) applications that combined boast $27 trillion in assets under management.
Though the SEC has not reached a decision regarding the approval of a spot Bitcoin ETF, applicants seem to be trying to address any concerns as quickly as possible.