BlackRock and VanEck have filed amendments to their S-1 forms for spot Bitcoin ETFs to the U.S. Securities and Exchange Commission (SEC).
Bloomberg’s senior ETF analyst, Eric Balchunas, commented on X (formerly Twitter), highlighting the significance of the unprecedented 24-hour turnaround time between the filing, SEC’s comments, and the subsequent refiling. According to Balchunas, this swift sequence of events indicates a strong mutual intention among all involved parties to expedite the process for launching these Bitcoin ETFs.