- SEC sets a deadline for spot Bitcoin ETF issuers to submit final revisions by Monday at 8 a.m. in Washington.
- The regulator is expected to make decisions on spot Bitcoin ETF applications no later than January 10.
- Approval of 19b-4 filings by exchanges and S-1 forms by ETF issuers is required for spot Bitcoin ETFs to start trading.
In a pivotal moment for the crypto industry, the launch of spot Bitcoin exchange-traded funds (ETFs) in the United States is teetering on the edge of reality. According to a recent report by Bloomberg, the U.S. Securities and Exchange Commission (SEC) has set a critical deadline for potential issuers, allowing spot Bitcoin ETFs to start trading as soon as January 11.
The looming deadline requires spot Bitcoin ETF issuers to submit final revisions to their pending S-1 applications by 8 a.m. on Monday, January 8, in Washington. The SEC, led by Chair Gary Gensler, is expected to make critical decisions on these applications by January 10.
For spot Bitcoin ETFs to initiate trading, two key requirements must be fulfilled. Firstly, the SEC must greenlight the 19b-4 filings submitted by exchanges looking to list these ETFs. Secondly, the regula…
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