Valkyrie and ARK 21Shares file Bitcoin ETF registration of securities with SEC

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Valkyrie and ARK 21Shares have just lately submitted filings for spot Bitcoin ETFs, including to the rising checklist of contenders in search of approval from the U.S. Securities and Trade 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 Fidelity, who filed yesterday.

Valkyrie and ARK 21Shares’s official filings as we speak recommend a stable likelihood of approvals being pushed by means of imminently as the 2 firms compete with others for the primary spot Bitcoin ETF in america.

The submitting comes whereas the market is buzzing concerning the potential approval of a U.S. spot Bitcoin ETF. Regardless of chatter about possible rejections, Valkyrie and ARK 21Shares filings, amongst others, level to a unique 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 ready as of as we speak, the week has proven bullish sentiment across the instant chance of a spot Bitcoin ETF approval. SEC conferences with exchanges akin to Nasdaq, NYSE, and CBOE add to the optimism, hinting at potential approvals as early as Monday.

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