Final 19b-4 Amendments Submitted by All Bitcoin ETF Applicants

• The Final Amendment Submissions for Spot Bitcoin ETFs
• Spot Bitcoin ETF Applicants
• Amended 19b-4 Filings Join Previous S-1 Filings
• SEC Likely to Approve Spot Bitcoin ETFs Next Week
• Statement from Grayscale Spokeswoman

The Final Amendment Submissions for Spot Bitcoin ETFs

All exchanges and businesses applying for Spot Bitcoin$42,260 -0.64% ETFs with the SEC have completed their final 19b-4 amendments. Document releases indicate that the applicants are hopeful for the SEC's approval of their Bitcoin ETF applications. The following spot Bitcoin ETF applicants have submitted their final 19b-4 amendments:

Spot Bitcoin ETF Applicants

• VanEck
• Bitwise
• Fidelity
• Franklin
• Valkyrie
• Hashdex
• ArkInvest
• Grayscale
• BlackRock
• WisdomTree
• Invesco Galaxy

Following the review of the S1 documents and others, the SEC, on Friday, announced that it has completed its review of the applications. The commission requested these exchanges to share their final documents and 19b-4 amendments to commence the voting process, which is expected to take place the following week.

Amended 19b-4 Filings Join Previous S-1 Filings

The revised 19b-4 filings, filed by BlackRock, Grayscale, Fidelity, and other issuers, are following up on last month's amended S-1 filings. These forms respond to feedback from the U.S. Securities and Exchange Commission that was provided in meetings with these issuers over the past few months.

SEC Likely to Approve Spot Bitcoin ETFs Next Week

The final deadline for the SEC to take action for at least one application, specifically Ark 21 Shares, is January 1. By this date, the SEC might decide to approve not only Ark 21 shares, but also numerous other Bitcoin ETF applications. This could be a case of hitting multiple targets with a single stone, potentially enabling over a dozen issuers to launch their Spot Bitcoin ETFs imminently.

Statement from Grayscale Spokeswoman

This filing marks another significant step towards converting GBTC into a spot bitcoin ETF, says Grayscale spokeswoman Jenn Rosenthal. She was referring to the company's Bitcoin trust, which it aims to convert into an ETF. At Grayscale, the collaboration with the SEC continues, and we are prepared to manage GBTC as an ETF upon receiving regulatory approvals.

It is crucial to note that the SEC must approve both the 19b-4 filings and the S-1 filings before the ETFs can be launched.

Edited by Jonathan Stoker