{"id":212757,"date":"2023-12-14T21:00:31","date_gmt":"2023-12-14T15:30:31","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=212757"},"modified":"2023-12-14T21:00:31","modified_gmt":"2023-12-14T15:30:31","slug":"valkyrie-files-fourth-amendment-for-bitcoin-etf-launch-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/valkyrie-files-fourth-amendment-for-bitcoin-etf-launch-crypto-news\/","title":{"rendered":"Valkyrie Files Fourth Amendment for Bitcoin ETF Launch – Crypto News"},"content":{"rendered":"

<\/p>\n

\n

Valkyrie Investments, a key digital asset management sector figure, has recently submitted its fourth amendment to the U.S. Securities and Exchange Commission (SEC) for launching a spot <\/span>Bitcoin Exchange-Traded Fund <\/span><\/a>(ETF) in the United States. Despite previous challenges, this move demonstrates Valkyrie\u2019s ongoing commitment to overcoming regulatory hurdles.<\/span><\/p>\n

The firm\u2019s steadfast approach in this arena is a testament to its dedication to establishing a Bitcoin spot ETF, a financial product that has been in high demand but has faced significant regulatory scrutiny.<\/span><\/p>\n

<\/p>\n

\"\"<\/p>\n

Valkyrie Propels Ahead in Bitcoin ETF Race<\/strong><\/h2>\n

This follows recent reports that CoinShares, a leading European crypto ETF issuer, has obtained an exclusive option to <\/span>acquire Valkyrie Funds<\/span><\/a>, effective until March 31, 2024. This strategic decision underscores the intent to fortify a commanding presence in the U.S. digital asset investment market to build a comprehensive global platform for digital asset investments. This alliance marks a significant step in consolidating expertise and resources within the digital asset management industry, potentially reshaping the landscape of cryptocurrency investments.<\/span><\/p>\n

Adding to the growing anticipation in the sector, Blackrock and Fidelity have recently <\/span>engaged in discussions<\/span><\/a> with the SEC. This development is perceived as a positive indication of the SEC\u2019s forthcoming decision-making regarding the approval of spot Bitcoin ETFs, with a key deadline looming on January 10, 2024. The SEC\u2019s engagement with multiple companies seeking approval for their spot Bitcoin ETF filings suggests an active and open dialogue between regulators and industry players.<\/span><\/p>\n

<\/p>\n

<\/p>\n

A crucial meeting between Blackrock representatives and the SEC was held on December 12, 2024, focusing on the proposed rule change for listing the iShares Bitcoin Trust. This follows a <\/span>noteworthy meeting <\/span><\/a>with Grayscale on December 8, 2023, about the trading of the Grayscale Bitcoin Trust (GBTC), influenced by a directive from the U.S. Court of Appeals for the D.C. Circuit, urging the SEC to reconsider its stance on spot Bitcoin ETFs.<\/span><\/p>\n

ETF Approvals Anticipated Before Key January Deadline<\/strong><\/h2>\n

Market analysts speculate that the SEC might approve multiple spot ETF filings simultaneously to avoid granting a first-mover advantage to any single entity. Approval before the January 10 deadline also implies a specific timeframe set by the SEC for companies to list and trade their spot ETFs. This period leading up to the deadline is critical, as any positive indications from the SEC could further elevate the Bitcoin Price (BTC), reflecting investor optimism.<\/span><\/p>\n

Read Also:<\/b> CZ, Binance Say US SEC Claims On DOJ Settlement \u2018Irrelevant<\/span><\/a>\u2019<\/span><\/p>\n

<\/p>\n

\n
\n

\u2713 Share:<\/p>\n

<\/a><\/p>\n

\n
\n \"coingape\"\"coingape\"
\n<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

<!– <\/p>\n

\n
\n
\n
\n

<\/p>\n

\"\"\"\"<\/div>\n
Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n

<\/a><\/p><\/div>\n<\/p><\/div>\n

\n
\n

<\/p>\n

\"\"\"\"<\/div>\n
Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n

<\/a><\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

–><\/p>\n

\n
\n
\n
\n
\n<!–<\/p>\n
<\/div>\n

–><\/p>\n

Maxwell is a crypto-economic analyst and Blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. I write extensively on topics such as blockchain, cryptocurrency, tokens, and more for many publications. My goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good. <\/p>\n<\/p><\/div>\n

\n \"\"\"\" <\/div>\n<\/p><\/div>\n<\/p><\/div>\n
\n

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

<!– <\/p>\n

\n
\n Crypto Stories<\/span><\/p>\n

View all<\/a>\n <\/div>\n

\n
\n
\n
\n <\/p>\n
\"Ethereum\"\"Ethereum\"<\/div>\n
JPMorgan Bullish on Ethereum in 2024 <\/div>\n

<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

\n
\n
\n <\/p>\n
\"LUNC\"\"LUNC\"<\/div>\n
ChatGPT Predicts LUNC $1: Analyst Skepticism <\/div>\n

<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

\n
\n
\n <\/p>\n
\"cnnn-1\"\"cnnn-1\"<\/div>\n
Cryptocurrency Market Surges Amid Turbulence <\/div>\n

<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

–><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Valkyrie Investments, a key digital asset management sector figure, has recently submitted its fourth amendment to the U.S. Securities and Exchange Commission (SEC) for launching a spot Bitcoin Exchange-Traded Fund (ETF) in the United States. Despite previous challenges, this move demonstrates Valkyrie\u2019s ongoing commitment to overcoming regulatory hurdles. The firm\u2019s steadfast approach in this arena […]<\/p>\n","protected":false},"author":2,"featured_media":184332,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-212757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/212757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=212757"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/212757\/revisions"}],"predecessor-version":[{"id":212759,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/212757\/revisions\/212759"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/184332"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=212757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=212757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=212757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}