Tidal Commodities Trust I, under its series 7RCC Spot Bitcoin and Carbon Credit Futures ETF, has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a spot Bitcoin BTC/USD exchange-traded fund (ETF).
Several companies have applied to the SEC for approval to launch a spot Bitcoin ETF.
VanEck, Bitwise Asset Management, Fidelity Investments, and Valkyrie Investments are among the prominent firms proposing ETFs that would directly hold Bitcoin and track its spot price.
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Grayscale Investments, known for its Bitcoin Trust GBTC, has been actively lobbying for…
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