United States SEC officially accepts Valkyrie Spot Bitcoin ETF application

Home » United States SEC officially accepts Valkyrie Spot Bitcoin ETF application


  • The US SEC has been receiving Bitcoin ETF resubmissions after it rejected previous applications for inadequacy.
  • Valkyrie Bitcoin Fund was the last company to submit a Bitcoin ETF application to the SEC.
  • The SEC has accepted several other BTC ETFs after the respective companies amended and resubmitted.

The US Securities and Exchange Commission (SEC) has officially accepted the Valkyrie Spot Bitcoin ETF application, marking a momentous step towards embracing BTC ETFs.

Besides marking a turning point for the entire crypto industry, SEC’s move suggests a potential turning point for widespread crypto adoption in the biggest economy in the world. If approved, the Valkyrie Spot Bitcoin ETF will be the first of its kind, providing investors with exposure to Bitcoin without requiring them to hold any physical cryptocurrency.

Crypto industry preparing for Bitcoin ETFs

The SEC accepted Valkyrie’s amended BTC ETF application after rejecting previous Bitcoin ETF applications noting that they were inadequate. The public has 21 days to comment after the Federal Register notice is published after which the public input will be reviewed.

Eric Balchunas, a senior ETF analyst at Bloomberg, immediately took to Twitter to spread the word after the US SEC approved Valkyrie’s application to register a spot Bitcoin ETF. Valkyrie was the very last company to apply for approval of spot Bitcoin ETFs in the flurry of companies that did. He added that the “BRRR” ticker was chosen by the Valkyrie Bitcoin ETF for its Nasdaq debut.

Other Bitcoin ETF applications that have been accepted by the SEC include applications made by Fidelity Investments, WisdomTree, VanEck, Invesco, and ARK 21Shares. This clearly shows that the SEC is considering the applications.

Approving the Bitcoin ETFs would be a major victory for the cryptocurrency industry in addition to the recent Ripple Labs win against the SEC.


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Past performance is not indicative of future results. Any investment in blockchain assets involves the risk of loss of part or all of your investment. The value of the blockchain assets you exchange is subject to market and other investment risks. © get best crypto 2023
Get best crypto
full hot kiss pornhindimovies.com indopundo.com suman ranganathan hot doodhwali.net sex ocean.com college xvideo porncorntube.com kamasutra xnxx dragon ball h hentai hentaigallery.org ikenai bikini no one-san atish mkv nesaporn.mobi odia bp sex
سكس اسرائيليات abdulaporn.info افلام نيك hd xxx indian teens wapporno.info private porn massage animal pleasure hentai gifshentai.com nishin masumi incest xxx hornyanaltube.net x videoe desiindian aypornom.com www xnxx2
nepali girl fuck renklipornoo.net superchat sex نيك ام وبنتها realarabporn.com سكس مصرى حديث tamil sex image tubster.mobi blue film xvideo hentai manga sailor moon hentaipod.net sink hentai ochikonium mirhentai.com hentai manga neighbor