Valkyrie Investments has utilized to the U.S. Securities and Alternate Fee (SEC) for a spot Bitcoin ETF, in keeping with a June 21 submitting.
The applying describes the proposed funding as an exchange-traded fund (ETF) that enables buyers to buy shares within the belief containing bitcoin.
Like many different candidates, Valkyrie considered the SEC as having rejected earlier functions for spot bitcoin ETFs as a result of they failed to fulfill surveillance sharing agreements and issues about market manipulation. This denial was made in December 2021.
Whereas the most recent submitting discusses these points intimately, it’s unclear whether or not the submitting adequately addresses the SEC’s previous issues or offers new info.
Different Corporations Apply for Spot Bitcoin ETFs
Different asset administration companies comparable to Invesco, WisdomTree and Bitwise have additionally utilized for spot Bitcoin ETFs in latest days. These filings observe these from business large BlackRock, which precipitated a lot of the hype.
Constancy and Constancy Digital Property are additionally rumored to be pursuing a spot Bitcoin ETF, however these rumors haven’t been verified and neither firm has filed an software.
There are presently no Spot Bitcoin ETFs accessible to US buyers.
An article first appeared on currencyjournals about Valkyrie Investments taking up the spot bitcoin ETF, becoming a member of BlackRock, Invesco, WisdomTree and Bitwise.
(Tag Translation) Bitcoin
… [Trackback]
[…] Info to that Topic: currencyjournals.com/valkyrie-investments-takes-on-spot-bitcoin-etf-joins-blackrock-invesco-wisdomtree-and-bitwise/ […]
This actually answered my problem, thanks!
Great goods from you, man. I’ve understand your stuff previous to and you are just extremely excellent. I really like what you have acquired here, really like what you are stating and the way in which you say it. You make it entertaining and you still take care of to keep it wise. I can’t wait to read much more from you. This is really a terrific website.
There is noticeably a bundle to know about this. I assume you made certain nice points in features also.
… [Trackback]
[…] Read More on that Topic: currencyjournals.com/valkyrie-investments-takes-on-spot-bitcoin-etf-joins-blackrock-invesco-wisdomtree-and-bitwise/ […]
… [Trackback]
[…] Information to that Topic: currencyjournals.com/valkyrie-investments-takes-on-spot-bitcoin-etf-joins-blackrock-invesco-wisdomtree-and-bitwise/ […]