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The SEC has initiated the acknowledgment process for spot bitcoin ETF application s. This sets the stage for the potential acceptance of the first such funds in the United States. The SEC has begun acknowledging these spot bitcoin ETF applications. ETF Research Analyst at Bloomberg Intelligence James Seyffart first noticed the move and took it to Twitter. UPDATE: There they are — SEC just acknowledged the #Bitcoin ETF applications for @BlackRock, @vaneck_us, @InvescoUS/@GalaxyDigital, @Fidelity, & @WisdomTreeFunds. We're off to the races. Keep in mind @ARKInvest/@21Shares already beyond this point. @BitwiseInvest was yesterday. https://t.co/X1PrRzJJdr pic.twitter.com/7F4yx4Jmdp — James Seyffart (@JSeyff) July 14, 2023 The acknowledgment of applications included those from BlackRock, Fidelity, WisdomTree Funds, Invesco US, and VanEck. The list is published on the Nasdaq Stock Market LLC (NASDAQ) rulemaking page. In addition, Galaxy Digital, ARK Investment, and...

ARK Invest and 21Shares' third application for a spot Bitcoin ETF now includes a surveillance sharing agreement. ARK Investment Management has amended its spot Bitcoin exchange-traded fund (ETF) application with the U.S. Securities and Exchange Commission (SEC), making it similar to BlackRock's recent filing.  The amendments include a surveillance sharing agreement with the Chicago Mercantile Exchange (CME) futures markets and crypto exchange, most "likely Coinbase", said Bloomberg's ETF analyst Eric Balchunas on Twitter. In the race for the first Bitcoin ETF in the United States, ARK's filing update puts it ahead of its competitors. JUST IN: ARK has amended their 19b-4 for spot bitcoin ETF to include a surveillance sharing agreement bt CBOE and a crypto exchange (likely Coinbase), which makes their's like BlackRock's filing now, and puts them in pole position to be approved first bc they filed first. pic.twitter.com/P8PCmPdhln — Eric Balchunas (@...