US SEC accepts BlackRock’s spot Bitcoin ETF application
The US Securities and Exchange Commission (SEC) has accepted BlackRock’s application for a spot Bitcoin exchange-traded fund (ETF). The SEC’s official calendar now shows BlackRock’s application will be published in the Federal Register, starting a 21-day public comment period. On the docket BlackRock’s application to launch a spot Bitcoin exchange-traded fund (ETF) has been added to the SEC docket as part of the proposed rule change process. This latest development, recorded on July 13, represents a significant milestone for the Bitcoin-related proposal currently being screened by the SEC. BlackRock initially submitted its filing in June. However, it recently caught the attention of the SEC, prompting an update. The revised application featured a provision for “surveillance-sharing,” specifically with Coinbase. You might also like: SEC accepts bitcoin ETF applications from BlackRock, Fidelity, Galaxy Digital Before the announcemen...