Bitcoin ETF

<ul><li>Charles Gasparino reports &#34;silence&#34; from the SEC, indicating a backlog in the approval process for spot bitcoin ETFs.</li><li>Eleanor Terrett suggests the SEC&#39;s review of form S-1 filings might extend the approval timeline for bitcoin ETFs to early January 2024.</li><li>Amidst this development, ETF applicants are positioning themselves with competitive fee structures.</li></ul>The U.S. Securities and Exchange Commission (SEC) is currently under scrutiny as it reviews amendments to the form S-1 filings for the first-ever spot bitcoin exchange-traded funds (ETFs). Amidst this, Fox Business analyst Charles Gasparino has highlighted a notable “silence” from the SEC, as sources at BlackRock report a lack of communication, suggesting a backlog in the approval process due to extensive paperwork.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/5497d61a79794aee86d8f976a63c7d56.png" />The industry is on tenterhooks as it awaits the SEC&#39;s decision on major asset management firms. Companies like BlackRock, Invesco, Valkyrie, VanEck, Wisdomtree, Fidelity, and ARK 21Shares are all competing for the coveted approval of their spot bitcoin ETFs. The filings, which were due before the December 29, 2023, <a href="https://cryptotale.org/sec-sets-deadline-spot-bitcoin-etfs-face-crucial-approval-wave-in-january-2024/" rel="noopener noreferrer nofollow">deadline</a>, are critical in determining the future landscape of cryptocurrency investment in the U.S.Fox Business journalist Eleanor Terrett further <a href="https://x.com/EleanorTerrett/status/1741929328919679458?s&#61;20" rel="noopener noreferrer nofollow">reported</a> that the SEC has yet to complete its review of these changes. This step is crucial before the SEC can provide comments on the form S-1s, guiding the final adjustments necessary for the ETFs.Read full article <a href="https://cryptotale.org/anticipation-builds-as-analysts-report-secs-silence-on-bitcoin-etfs/" rel="noopener noreferrer nofollow">at CryptoTale.</a>

Anticipation Builds as Analysts Report SEC’s Silence on Bitcoin ETFs

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