Vaneck refines Spot Bitcoin ETF proposal, unveils new investment strategy
Asset management firm, VanEck, has revised its application for a spot Bitcoin exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC). The application was updated on Oct. 27, as confirmed by the SEC’s database. The revised application details that a seed capital investor purchased Seed Creation Baskets, a block of 50,000 shares […]
SEC extends Bitcoin ETF deadlines for BlackRock, Fidelity
The U.S. Securities and Exchange Commission (SEC) has announced a delay in its decision-making process for seven Bitcoin exchange-traded fund (ETF) proposals, which include applications from prominent firms like BlackRock, Fidelity, VanEck, and WisdomTree. The SEC extended the deadlines for these proposals to October 17, with some exceptions. The regulatory body cited the need for […]