{"id":87846,"date":"2023-12-05T10:11:55","date_gmt":"2023-12-05T08:11:55","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=87846"},"modified":"2025-09-13T14:24:30","modified_gmt":"2025-09-13T11:24:30","slug":"blackrock-and-bitwise-amend-filings-to-launch-bitcoin-etfs","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/blackrock-and-bitwise-amend-filings-to-launch-bitcoin-etfs\/","title":{"rendered":"BlackRock and Bitwise amend filings to launch Bitcoin ETFs"},"content":{"rendered":"<p><a href=\\\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1980994\/000143774923033524\/bit20231201_s1a.htm\\\">BlackRock<\/a> and <a href=\\\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1763415\/000199937123000735\/bitwise-s1a_120423.htm\\\"> Bitwise<\/a> have filed amended applications to launch spot Bitcoin-<a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETF<\/a>.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">UPDATE: They&apos;re just pouring in. We have another spot <a href=\\\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Bitcoin<\/a> ETF S-1 (prospectus) amendment tonight. This one is from <a href=\\\"https:\/\/twitter.com\/BlackRock?ref_src=twsrc%5Etfw\\\">@BlackRock<\/a>. SEC is obviously giving multiple issuers the same or very similar instructions. <a href=\\\"https:\/\/t.co\/nk1yImZpXk\\\">pic.twitter.com\/nk1yImZpXk<\/a><\/p>\n<p>\u2014 James Seyffart (@JSeyff) <a href=\\\"https:\/\/twitter.com\/JSeyff\/status\/1731803324595208530?ref_src=twsrc%5Etfw\\\">December 4, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Bloomberg analyst James Seyffart saw the developments as a sign that the SEC is issuing similar instructions to issuers. In his view, this is further confirmation of preparation for the product&apos;s approval.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p><em>\u201cWhat does this mean? Without having read them \u2014 it just means that the wheel is still turning. Both the SEC and these issuers are working hard to iron things out. The filings are likely the result of many conversations and a lot of man hours on\/between both sides,\u201d<\/em> \u2014 he explained.<\/p>\n<\/blockquote>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">What does this mean? Without having read them \u2014 it just means that the wheel is still turning. Both the SEC and these issuers are working hard to iron things out. These filings are likely the result of many conversations and a lot of man hours on\/between both sides.<\/p>\n<p>\u2014 James Seyffart (@JSeyff) <a href=\\\"https:\/\/twitter.com\/JSeyff\/status\/1731804911350804573?ref_src=twsrc%5Etfw\\\">December 4, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Following the tweets, Bitcoin attempted but failed to hold above $42,000, a level last seen in April 2022. At the time of writing, daily gains had slowed to 0.5%, according to CoinGecko. The price retraced to around $41,700.<\/p>\n<div class=\\\"wp-block-image\\\">\n<figure class=\\\"aligncenter size-full\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/1-849.webp\\\" alt=\\\"1-849\\\" class=\\\"wp-image-221427\\\"\/><figcaption class=\\\"wp-element-caption\\\">15-minute BTC\/USDT chart on the Binance exchange. Data: <a href=\\\"https:\/\/www.tradingview.com\/x\/TyKtG0jV\/\\\"> TradingView<\/a>.<\/figcaption><\/figure>\n<\/div>\n<p>Earlier, the SEC began collecting public feedback on spot Bitcoin ETFs. Lawyer Scott Johnson saw in this a signal of the regulator&apos;s readiness to approve all filings for the instrument <a href=\"https:\/\/u1f987.com\/en\/news\/sec-opens-comment-period-on-spot-bitcoin-etf\"> by January 10, 2024 <\/a>.<\/p>\n<p>In November, representatives from the Securities and Exchange Commission and BlackRock <a href=\"https:\/\/u1f987.com\/en\/news\/blackrock-and-sec-discuss-redemption-mechanics-for-a-bitcoin-etf\">held a meeting<\/a>, where they discussed the details of the spot Bitcoin ETF.<\/p>\n<p>Previously, the regulator <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-discussed-details-of-a-spot-bitcoin-etf-with-the-sec\">met<\/a> with Grayscale&apos;s leadership to discuss converting their Bitcoin Trust into an ETF. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>BlackRock and Bitwise filed amended applications to launch spot Bitcoin ETFs.<\/p>\n","protected":false},"author":1,"featured_media":87847,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[949,865,569,36,128],"class_list":["post-87846","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitwise","tag-blackrock","tag-etf","tag-regulation","tag-sec"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/87846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=87846"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/87846\/revisions"}],"predecessor-version":[{"id":87848,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/87846\/revisions\/87848"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/87847"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=87846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=87846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=87846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}