tied to Bitcoin as it would provide a more accessible and regulated means of investing in the cryptocurrency without having to deal with the intricacies of crypto wallets and exchanges.
Interestingly, BlackRock, one of the biggest names in the list, was the last to file but is set to get its response in line with others who submitted their applications much earlier.Seyffart clarified that BlackRock's timing may not be as late as it appears; though their prospectus filing dates might be later, all others had already been denied by the SEC in the 19b-4 process once or even multiple times. This wave puts BlackRock arguably at the front line, stirring the ETF race anew.
However, Seyffart has warned that even if Grayscale wins its lawsuit, it could still be denied the ability to convert to an ETF.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin price outlook: BlackRock ETF demand could fuel rally to $180,000Bitcoin could soar to $180,000 before the April 2024 halving as potential BlackRock ETF helps drive demand, Fundstrat says
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: Forbes - 🏆 394. / 53 Read more »
Source: BTCTN - 🏆 531. / 51 Read more »
Source: BTCTN - 🏆 531. / 51 Read more »
Source: BTCTN - 🏆 531. / 51 Read more »