VanEck Updates Bitcoin Spot ETF Filing

30/10/2023

Well-known asset management company VanEck has joined the ranks of other firms in updating its filing for a Bitcoin spot exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).

With the increasing interest in cryptocurrency in the market, VanEck recognizes the need for a secure way to offer Bitcoin exposure to investors, and the solution to this issue is a Bitcoin ETF.

A few years ago, VanEck initially submitted a Bitcoin ETF application to the SEC, but it was withdrawn due to regulatory issues.

Resource: https://coingape.com/vaneck-joins-the-bandwagon-updates-bitcoin-etf-filing/