VanEck submits amended Bitcoin ETF application to SEC
VanEck, the New York-based asset management firm, has submitted an amended application for a spot Bitcoin ETF to the United States SEC. Taking a unique approach that sets it apart from other applicants in the spot Bitcoin ETF market, VanEck submitted revised filings concerning its fund seeding on Oct. 27. Andddddd @vaneck_us joins the amendment filings for spot #bitcoin ETF issuers. h/t @NateGeraci pic.twitter.com/zdYuUTAaE6 — James Seyffart (@JSeyff) October 29, 2023 Notably, VanEck faced its third rejection from the U.S. SEC on March 10 for its proposal to list and trade shares of its Bitcoin Trust, further stalling its efforts to launch a spot Bitcoin ETF. These rejections are part of a broader pattern where the SEC has consistently turned down various digital asset ETFs, citing concerns over potential market manipulation. You might also like: JPMorgan foresees lawsuits for SEC on spot Bitcoin ETF rejections VanEck’s Bitcoin ETF application introduces B...