The SEC has received Form 8-A submissions for the Spot Bitcoin ETF from Grayscale, Ark Investments, Valkyrie, and VanEck.

Grayscale , Ark Invest , Valkyrie and VanEck Form 8-A has been submitted to the Securities and Exchange Commission (SEC), paving the way for these issuers to engage in trading on exchanges following the anticipated approval of their product. This is a significant milestone towards establishing a Spot Bitcoin ETF. SEC These submissions come hot on the heels of Fidelity's own Form 8-A filing, just before a crucial deadline for the SEC to decide whether to approve or deny the Spot Bitcoin ETF. Expectations are rising for what would be the US's first Spot Bitcoin ETF if approved by the SEC.

Recently, issuers have been meticulously fine-tuning the particulars of their envisioned Spot Bitcoin ETFs, focusing on aspects like creation and redemption mechanisms, the parties authorized to participate, and what to do during hard forks.

Fidelity has also submitted revised registration materials to the SEC, which many see as a final push to establish a Spot Bitcoin ETF. discussions Grayscale aims to pivot its leading fund into a spot Bitcoin ETF after facing a lengthy review process and a recent August ruling that requires the SEC to re-evaluate its application. BlackRock and Fidelity have also shown interest in a Spot Bitcoin ETF in the past year.

In late December 2023, ETF issuers such as BlackRock Form 8-A is a crucial document within the realm of securities regulation, playing a significant role in the introduction of new financial instruments to public markets. Once filed with the SEC, it enables securities registration, allowing them to trade on exchanges post-approval.

Grayscale While the Form 8-A filing is part of the registration journey with the SEC, it does not automatically imply that the commission is endorsing the investment vehicle. Besides securing registration for securities, companies also require a 19b-4 approval along with a finished and sanctioned S-1 document for their ETFs to be listed.

The Role of Form 8-A

A securities registration application via an S-1 Form has been submitted to the SEC for its spot Bitcoin ETF by referencing the approved Form 8-A filing along with registration with the Chicago Board Options Exchange (CBOE).

The collective actions taken by asset management firms underscore significant progress towards a Spot Bitcoin ETF approval, characterized by numerous filings, amendments, and ongoing enhancements that illustrate the complexities of the regulatory landscape.

Recently, Fidelity submitted Securities and Exchange Commission

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