Who is Filing and When the SEC Might Make a Decision – Cointelegraph

The competition to launch the first spot-traded Bitcoin (BTC) exchange-traded fund (ETF) in the United States has attracted significant interest from major financial players, including BlackRock, Fidelity, and VanEck.

Although the U.S. Securities and Exchange Commission (SEC) approved a Bitcoin-linked Futures ETF in October 2021, the recent applications are focused on spot Bitcoin ETFs. With Grayscale’s recent legal success regarding the SEC’s evaluation of its spot Bitcoin ETF proposal, there is increasing optimism about the likelihood of approval for these investment products.

In summary, the decision-making process regarding spot Bitcoin ETFs is underway, with key deadlines approaching.