Franklin

United

Galaxy

Bitcoin ETF

Bitcoin

Asset managers ARK Invest and 21Shares, Franklin Templeton Digital Holdings, and Invesco Galaxy Bitcoin ETF, following BlackRock and VanEck’s steps, have recently <a rel="nofollow" href="https://www.sec.gov/cgi-bin/browse-edgar?company=&amp;CIK=&amp;type=s-1&amp;owner=include&amp;count=40&amp;action=getcurrent">filed</a> updated S-1 forms with the United States Securities and Exchange Commission (SEC). This move comes as a crucial step in their pursuit of launching spot Bitcoin exchange-traded funds (ETFs).&nbsp; 
These filings mark a significant moment in the cryptocurrency investment landscape, signaling a growing interest in offering more traditional investment vehicles for digital assets. 
<h2 id="last-minute-filings-signal-market-readiness">Last-Minute Filings Signal Market Readiness</h2> 
The recent <a href="https://coingape.com/blackrock-vaneck-files-updated-s-1-for-spot-bitcoin-etf-approval/">surge</a> in S-1 filings, including those by Grayscale Investments updating its S-3 form, underscores the asset managers’ readiness to tap into the burgeoning cryptocurrency market.&nbsp; 
The flurry of activity, especially the updates filed just a day before the anticipated approval date of January 10, indicates a robust preparedness among these financial giants. Moreover, these amendments, <a href="https://coingape.com/spot-bitcoin-etf-sec-posts-scoffing-remarks-amid-approval-sprint/">prompted</a> by last-minute comments from the SEC, demonstrate a keen interest in adhering to regulatory standards while advancing the integration of cryptocurrencies into mainstream financial products. 
<h2 id="implications-of-the-sec-s-additional-comments">Implications of the SEC’s Additional Comments</h2> 
While some industry observers view the SEC’s additional comments as a potential delay signal, ETF analysts like Eric Balchunas and Bloomberg’s James Seyffart <a href="https://coingape.com/just-in-blackrock-aims-for-bitcoin-etf-approval-by-next-wednesday/">suggest</a> otherwise.&nbsp; 
According to them, the rapid response in filing and refiling, all within a concise time frame, shows a concerted effort to progress these initiatives. Consequently, the market anticipates more amendments, indicating that these developments are not necessarily indicative of a delay but rather a part of the standard procedural process in the financial sector. 
Read Also: <a href="https://coingape.com/valkyrie-predicts-spot-bitcoin-etfs-effective-wednesday-trading-thursday/?utm_source=cgtelegram">Valkyrie Predicts Spot Bitcoin ETFs Effective Wednesday, Trading Thursday</a> 
The post <a href="https://coingape.com/franklin-templeton-invesco-galaxy-ark-21shares-file-s-1-updates-for-bitcoin-etf/">Franklin Templeton, Invesco Galaxy, ARK 21Shares File S-1 Updates for Bitcoin ETF</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

Franklin Templeton, Invesco Galaxy, ARK 21Shares File S-1 Updates for Bitcoin ETF

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