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.

Also Read: EXCLUSIVE: Crypto Pros See A Bright Bitcoin Future — ‘2024 Could Be A Landmark Year’

Grayscale Investments, known for its Bitcoin Trust GBTC, has been actively lobbying for…

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