According to sources and wide speculations, the U.S. Securities and Exchange Commission (SEC) may permit the trading of Bitcoin Spot ETFs on Tuesday or Wednesday of the week following approval, expected on January 10. Valkyrie, Ark, 21Shares, Fidelity Wise Origin Bitcoin Fund, and Invesco are among the asset management firms seeking approval for Bitcoin Spot ETFs. Valkyrie plans to charge a 0.80% management fee if approved. Fidelity Wise Origin Bitcoin Fund has the lowest fee at 0.39%, while Invesco aims for a 0.59% fee, which may be waived for six months on the first $5 billion in assets attracted. First week of 2024will be exciting for Crypto traders. (Source: Bitcoinsistemi)
Related
New York Stock Exchange Implements Rule Changes to Enhance Transparency and Simplify Regulation
Australian Financial Regulator Announces 2025 Enforcement Priorities to Protect Vulnerable Consumers
Reserve Bank of India Warns Public Against Deepfake Videos Featuring Governor: A Call for Vigilance
IMF Managing Director Kristalina Georgieva Addresses G20 Leaders’ Summit in Rio de Janeiro
Patlian Johnson Appointed as Commissioner of the British Virgin Islands Financial Services Commission