Grayscale has filed an amended S-3 with the U.S. SEC for its Bitcoin spot ETF, setting a notably high operation fee of 1.50%, surpassing the fees of other Bitcoin spot ETFs. Grayscale designated Jane Street, Virtu, Flow Traders, and Flowdesk as liquidity providers, with Jane Street, Virtu, Macquarie, and ABN AMRO as authorized participants.
Eleanor Terrett of Fox Business reported that the submission window for Bitcoin spot ETF amendments has closed, with all applicants except Hashdex having submitted their documentation.
Previously, BlackRock indicated through Fox Business an expected approval of their Bitcoin spot ETF by January 10th. Eric Balchunas, Bloomberg’s Senior ETF Analyst, suggested a possible launch of all Bitcoin spot ETFs on January 11th.
