Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»TRADING NEWS»The SEC could approve a spot Bitcoin ETF by Tuesday or Wednesday, according to sources.
TRADING NEWS

The SEC could approve a spot Bitcoin ETF by Tuesday or Wednesday, according to sources.

By Crypto FlexsJanuary 1, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
The SEC could approve a spot Bitcoin ETF by Tuesday or Wednesday, according to sources.
Share
Facebook Twitter LinkedIn Pinterest Email

There have been reports that the U.S. Securities and Exchange Commission (SEC) may decide on Tuesday or Wednesday whether to approve a Bitcoin spot exchange-traded fund (ETF). Excitement for America’s first spot Bitcoin ETF grew further last week when the prominent asset manager updated its filing with the SEC.

Green light imminent? SEC may make decision by Tuesday/Wednesday

Market participants are buzzing with anticipation as major asset managers scramble to secure regulatory approval for the first U.S. physical bitcoin exchange-traded fund (ETF).

The applicants, which include Blackrock, Vaneck, Valkyrie, Bitwise, Invesco, Fidelity, Wisdomtree and the Ark Invest/21shares joint venture, all filed amended filings with the U.S. Securities and Exchange Commission (SEC) on Friday. The first due date for the spot Bitcoin ​​ETF proposed by Ark Invest/21shares is January 10. Many expect securities regulators to approve several spot Bitcoin ETFs by that date.

Reuters reported last week, citing people familiar with the filing process who spoke on the background:

The SEC could notify the issuer on Tuesday or Wednesday that it has been approved for launch next week.

The fee structure is also being fleshed out, with Valkyrie announcing a 0.80% management fee, mirroring the rate proposed by Ark/21shares. However, Fidelity aims to undercut the competition with a very low 0.39% fee for its Wise Origin Bitcoin Fund. Meanwhile, Invesco offers a 0.59% fee with a six-month waiver for the first $5 billion in assets.

Bitwise said in a filing on Friday that it plans to seed $200 million in a spot Bitcoin ETF, while Blackrock recently revealed plans to seed $10 million in the ETF on January 3. The world’s largest asset manager has named JPMorgan as its lead approved participant. Despite continued negativity from JPMorgan CEO Jamie Dimon.

Do you think the SEC will approve a spot Bitcoin ETF before the January 10th deadline? Let us know in the comments section below.

Source: Bitcoin.com

Cryptocurrency Investment Risk Warning

Cryptocurrency assets are highly volatile. Your capital is at risk.
Don’t invest unless you are prepared to lose all your money.
This is a high-risk investment and you should not expect to be protected if something goes wrong.

Read full disclaimer

like this:

good night Loading…

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

$ 3.5 billion in 2020 Bitcoin attack discovered by Arkham Intel

August 3, 2025

Since April, Telegram Growth and Stacking have driven Funtoken’s price soaring

August 2, 2025

Bitcoin falls to $ 115K with the third main wave of profit, a new tariff tension.

August 1, 2025
Add A Comment

Comments are closed.

Recent Posts

$ 3.5 billion in 2020 Bitcoin attack discovered by Arkham Intel

August 3, 2025

Stablecoins are finally legal

August 3, 2025

SOLANA DEX Volume Co -founder Slam Mim Coin 20% deep

August 2, 2025

DLMining Releases 2025 ETH Contract Innovation Plan, Ushering In A New Era Of Inclusive Mining

August 2, 2025

XRP Rebounds On ETF Hopes As CryptoMining Firm Launches $8,100/Day Cloud Contracts

August 2, 2025

Since April, Telegram Growth and Stacking have driven Funtoken’s price soaring

August 2, 2025

Best visa stable coin encryption card

August 1, 2025

Hamieverse Taps Abstract To Power Its Debut Blockchain Game And Purpose-Driven Ecosystem

August 1, 2025

Pepe Dollar ($PEPD) Presale Picks Up Pace As Ethereum (ETH) Hovers Over $3,600

August 1, 2025

Meme Coin ‘$SATOSHI’ Heralding The Return Of Satoshi Nakamoto’s Vision Launches First Presale

August 1, 2025

Bitcoin falls to $ 115K with the third main wave of profit, a new tariff tension.

August 1, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

$ 3.5 billion in 2020 Bitcoin attack discovered by Arkham Intel

August 3, 2025

Stablecoins are finally legal

August 3, 2025

SOLANA DEX Volume Co -founder Slam Mim Coin 20% deep

August 2, 2025
Most Popular

BlackRock advances to $3 million seed round

December 24, 2023

Hong Kong’s approval of spot Bitcoin and Ethereum ETFs sparks cryptocurrency market recovery

April 15, 2024

Ark Invest’s Cathie Wood Challenges Vanguard’s Decision to Exclude Bitcoin ETF

January 15, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.