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A spot Bitcoin ETF issuer told Reuters that the U.S. SEC’s vote on 19b-4 rule changes is scheduled for January 10

A spot Bitcoin ETF issuer told Reuters that the U.S. SEC’s vote on 19b-4 rule changes is scheduled for January 10

CointimeCointime2024/01/06 02:29
By:Cointime

Multiple spot bitcoin ETF issuers said on Friday that they expect to receive final approval for their S-1 applications next Tuesday or Wednesday. The US Securities and Exchange Commission has asked three bitcoin ETF issuers to make "minor" adjustments, and some asset management companies are expected to modify their filings to disclose their ETF's market maker fees or identities. Insiders say that the relevant content updates will end at 8 a.m. Eastern Time on Monday (around 9 p.m. Beijing time on January 10th) and may be announced on the same day. A spokesperson for the US Securities and Exchange Commission said that the agency does not comment on individually submitted documents. It is reported that an informant from one of the spot bitcoin ETF issuers has informed Reuters that the US Securities and Exchange Commission plans to vote on the 19b-4 rule change for approving spot bitcoin ETF issuances on January 10th (next Wednesday).

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