Spot Bitcoin (BTC) ETF issuers clear major hurdle for SEC approval

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Companies looking to launch a spot-bitcoin exchange-traded fund cleared a major hurdle this week on their way to gaining sign-off from US regulators in the coming days.

Securities and Exchange Commission staff told several exchanges and issuers seeking to list etf Four people familiar with the matter said on condition of anonymity that they should submit a final version of the key document as soon as Friday because the discussions are private. Employees at many companies had no additional feedback on their paperwork after the latest amendments, the two people said.

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