ARK Invest and 21Shares were the first to hand in their spot Bitcoin ETF filing update ahead of the Dec. 29 deadline set by the SEC.
ARK Invest has become the first to file its final S-1 amendment for its proposed spot Bitcoin ETF ahead of a reported SEC-imposed deadline — which is being understood as a requirement to be considered in the first wave of approvals in January.
According to an earlier report, officials from the Securities and Exchange Commission met with representatives of at least seven firms on Dec. 21, setting a deadline for applicants to file their final S-1 amendments by Dec. 29.
Regulators reportedly told attendees at the meetings that any issuer that doesn’t meet the deadline will not be part of a first wave of potential spot Bitcoin ETF approvals in early January.
