Not Just BlackRock: These Companies Have Also Filed for Spot Bitcoin ETF in the US

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

BlackRock’s filing renewed the hopes of several U.S. traditional finance firms. Here's the list of companies that have resubmitted their applications.

BlackRock’s filing renewed the hopes of several U.S. traditional finance firms. Here’s the list of companies that have resubmitted their applications.

The frenzy started after BlackRock, the world’s biggest asset manager with over $9 trillion in AUM, submitted its spot Bitcoin ETF filing with the United States Securities and Exchange Commission on June 15.BlackRock’s move spurred several Bitcoin ETF hopefuls to make fresh applications despite repeated rejections from the SEC in the past. The development also triggered a BTC rally that caused the leading crypto asset to soar past $30,000 and chart a multi-month peak.

A spot Bitcoin ETF directly tracks the price of BTC, while a futures Bitcoin ETF would follow the price of the asset’s futures contracts. Shortly after BlackRock’s ETF application, which mentioned Coinbase Custody as its crypto custodian and BNY Mellon as its cash custodian, New York-based asset manager WisdomTreeits filing for approval on June 20. The SEC previously rejected WisdomTree’s spot filing twice, in 2021 and 2022; hence, this is the firm’s third attempt.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 568. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Boy George: Gay people are still not ‘in a better place’ in music industryGrammy winner tells The Post he once was told he’d never be on US radio because he sings ‘he’ — have things changed at all?
La source: nypost - 🏆 91. / 67 Lire la suite »