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A spot Bitcoin ETF issuer informed Reuters that the U.S. SEC is scheduled to vote on changes to Rule 19b-4 on January 10th

A spot Bitcoin ETF issuer informed Reuters that the U.S. SEC is scheduled to vote on changes to Rule 19b-4 on January 10th

Bitget2024/01/06 03:56
According to Reuters, several spot Bitcoin ETF issuers said on Friday that they expect to receive final approval for their S-1 applications later on Tuesday or Wednesday next week. The U.S. Securities and Exchange Commission has asked three Bitcoin ETF issuers to make "minor" adjustments, and some asset management companies are expected to modify their filing documents to disclose the fees or identities of their ETF m arket makers. Insiders say that updates will be due by 8 a.m. Eastern Time on Monday (around 9 p.m. Beijing time on January 10) and may be announced the same day; a spokesperson for the U.S. Securities and Exchange Commission stated that the agency does not comment on individual submissions. It is reported that a source from one of the spot Bitcoin ETF issuers has informed Reuters that the SEC's vote on approving rule change 19b-4 for issuing spot Bitcoin ETFs is scheduled for January 10 (next Wednesday).
 
 
 
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