Valkyrie and ARK 21Shares have lately submitted filings for spot Bitcoin ETFs, including to the rising record of contenders searching for approval from the U.S. Securities and Change Fee.
Valkyrie and ARK 21Shares have filed for 8-A registration of securities for a spot Bitcoin ETF with the SEC on Jan. 4, following the footsteps of Grayscale and VanEck earlier as we speak and Constancy, who filed yesterday.
Valkyrie and ARK 21Shares’s official filings as we speak recommend a stable likelihood of approvals being pushed via imminently as the 2 firms compete with others for the primary spot Bitcoin ETF in the USA.
The submitting comes whereas the market is buzzing concerning the potential approval of a U.S. spot Bitcoin ETF. Regardless of chatter about potential rejections, Valkyrie and ARK 21Shares filings, amongst others, level to a distinct story.
The cryptocurrency trade is hoping for approvals to roll out between Jan. 8 – 10. Large gamers like Goldman Sachs are already angling for key roles in Grayscale and BlackRock ETFs.
Whereas nothing is about as of as we speak, the week has proven bullish sentiment across the quick risk of a spot Bitcoin ETF approval. SEC conferences with exchanges reminiscent of Nasdaq, NYSE, and CBOE add to the optimism, hinting at potential approvals as early as Monday.