Valkyrie and ARK 21Shares File for First Spot Bitcoin ETF with SEC

Valkyrie and ARK 21Shares File for First Spot Bitcoin ETF with SEC



Valkyrie and ARK 21Shares have recently submitted applications for spot Bitcoin ETFs to the U.S. Securities and Exchange Commission, joining a growing group of applicants seeking approval.



On January 4th, Valkyrie and ARK 21Shares filed for 8-A registration of securities with the SEC for a spot Bitcoin ETF. This follows the earlier filings by Grayscale and VanEck today, and Fidelity yesterday. The official filings by Valkyrie and ARK 21Shares today indicate a strong possibility of imminent approvals as they compete with others for the first spot Bitcoin ETF in the U.S.



There is a buzz in the market about the potential approval of a U.S. spot Bitcoin ETF. Despite rumors of potential rejections, the filings by Valkyrie and ARK 21Shares, among others, suggest a more positive outcome.



The crypto industry is hopeful for approvals


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#Bitcoin, #BitcoinETF, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Regulations, #SEC

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