ARK Invest and 21Shares were the first to submit their spot Bitcoin ETF filing update ahead of the Dec. 29 deadline set by the SEC.
ARK Invest has become the first to file its final Form S-1 amendment for its proposed spot Bitcoin (BTC) exchange-traded fund (ETF) ahead of a reported United States Securities and Exchange Commission (SEC)-imposed deadline understood as a requirement to be considered in the first wave of decisions in January 2024.
According to an earlier report, officials from the SEC met with representatives of at least seven firms on Dec. 21, setting a deadline for applicants to file their final S-1 amendments by Dec. 29.
Regulators reportedly told attendees at the meetings that any issuer that doesn’t meet the deadline will not be part of a first wave of potential spot Bitcoin ETF approvals in early January.
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Source: https://cointelegraph.com/news/spot-bitcoin-etf-amendment-ahead-of-sec-deadline