BTC-Spot ETF Issuers Meet December 29 SEC-Imposed Deadline
BTC-spot ETF issuers fulfilled the remaining requirements of the SEC. These included the removal of references to In-kind creation and the naming of Authorized Participants (APs).
On Friday, several BTC-spot ETF issuers, including Bitwise, Blackrock (BLK), Fidelity, Franklin Templeton, Invesco/Galaxy, Valkyrie, VanEck, and WisdomTree, submitted amendment S-1s.
Significantly, Invesco/Galaxy will waive fees for the first six months, while Fidelity has the lowest annual fee of 0.39%. Several issuers, including BlackRock, named JPMorgan (stocks/jpm”…
Read More