Bloomberg: If SEC approves spot Bitcoin ETF, ETF could start trading as early as next business day
Bloomberg News stated that before a bitcoin ETF supported by spot trading can begin trading, two technical requirements must be met. First, the U.S. Securities and Exchange Commission must approve the 19b-4 filing submitted by the trading platform for the listed ETF. Second, regulatory agencies must approve the relevant S-1 form. Bloomberg News reported that the U.S. Securities and Exchange Commission plans to vote on the 19b-4s filings submitted by the trading platform in the coming days. Regulatory agencies may or may not take action on the issuer's application (S-1) at the same time. If the SEC approves the spot bitcoin ETF, the ETF can start trading as early as the next business day.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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