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SEC Greenlights Valkyrie Bitcoin ETF Application for Review

Published 18/07/2023, 12:41
© Mundo Crypto PR SEC Greenlights Valkyrie Bitcoin ETF Application for Review

  • The U.S. Securities and Exchange Commission accepts Valkyrie’s Bitcoin ETF Application.

  • The decision follows a slew of other similar Bitcoin ETF Application acceptances.

  • A 21-day comments period has started for the public and institutions to give comments and opinions on the application.

The U.S. Securities and Exchange Commission has given a nod to Valkyrie Bitcoin ETF Application. The Tennesse-based asset manager refiled its Bitcoin ETF application on June 21, five days after BlackRock filed its ETF proposal. Valkyrie’s application was the last to be filed after a massive wave of Bitcoin ETF applications from other companies.

Sharing the news on Twitter, Eric Balchunas, a senior ETF analyst at Bloomberg, tweeted that the SEC had accepted Valkyrie’s Bitcoin ETF application. According to the official filing dated July 17, the SEC said it had accepted the Valkyrie spot Bitcoin ETF for a potential rule change that would allow it to be listed and traded under Nasdaq. Valkyrie also chose the ticker “$BRRR” for its Bitcoin ETF.

The commission has now opened a public comments period to receive valuable feedback before commencing their official revi…

The post SEC Greenlights Valkyrie Bitcoin ETF Application for Review appeared first on Coin Edition.

The post SEC Greenlights Valkyrie Bitcoin ETF Application for Review appeared first on Coin Edition.

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