Two new attacks against Bitcoin. While BlackRock applied for a Bitcoin ETF near Security and Exchange Commission American on June 15, asset managers appear to be following the investment giant in in turn filing an application with the SEC for a Bitcoin Spot ETFs.
3 Bitcoin Spot ETF applications in a few days
In detail, it is therefore not one, but two investment managers who have been asked to file with the SEC. On one side we have WisdomTreewhich is not its first try with the SEC, and which has already been refused by an ETF last October.
On the other side, we also have Invesco yesterday, who provided the application form to the regulator, stressing the need to offer Bitcoin (BTC) as a quality investment compared to “loosely regulated offshore vehicles”.
It therefore makes 3 Bitcoin Spot ETF applications in a few days confirming that the competition will be fierce in this booming market. This is enough to show the existing enthusiasm of institutional investors for cryptocurrencies and to fuel the anti crypto war raging in the United States. Case to follow on the Journal du Coin.