, and Wisdomtree are slated for review in the third week of October. However, the SEC's recent actions on ARK 21Shares have sparked speculation that other filings due for review in mid-October, including those from VanEck, Invesco, Fidelity, and Valkyrie — could also experience delays. So it remains to be seen whether there will be any significant updates on these applications soon.
Financial institutions with higher AUM, like BlackRock, could generate more revenue from management fees if they successfully launch a Bitcoin ETF. Investment firms charge these fees for managing funds, typically ranging from 0.20% to 2.00%. A trend of decreasing management fees has been observed recently, due to increased competition, cost-effective investment strategies, and investor demand for transparency.Grayscale generates its revenue from its Exchange-Traded Funds , such as the proposed Bitcoin ETF, through management fees. These fees are calculated as a percentage of the total assets under management .
Bitcoin ETF approval would be a significant step towards mainstream crypto acceptance. The court ruling questions the SEC's sole authority over digital assets, suggesting other entities like courts and Congress can influence crypto regulations. This could lead to wider crypto acceptance, making Bitcoin investing more accessible and regulated, attracting more capital to the crypto market.