Multiple spot Bitcoin ETF issuers file amendments with fees
BTC broke above $45,000 as BlackRock, Grayscale, ARK 21Shares, and other firms submitted updated spot Bitcoin ETF forms leading up to the first deadline for approval. As of 10 a.m. ET on Jan. 8, 10 spot Bitcoin ETF issuer s had filed amended S-1 and S-3 forms with the United States Securities and Exchange Commission (SEC) in a final push for approval of traditional financial funds that would track the price of spot Bitcoin (BTC), the largest cryptocurrency. Valkyria, Wisdomtree, Invesco Galaxy, BlackRock, ARK 21Shares, VanEck, Fidelity, Bitwise, and Franklin Templeton included fees for their spot Bitcoin ETFs in the SEC filings. Grayscale also submitted a fresh registration of securities for its GBTC conversion. The forms were submitted two days before the final deadline for a decision on the ARK 21Shares Bitcoin ETF, slated for Jan. 10. Major exchanges such as the Nasdaq and NYSE already sent updated 19-b4s following a meeting with the SEC. According to the filings seen by crypt...