SEC Hustles to Answer Latest Bitcoin ETF Filings: Source

CoinDeskPolicyPubblicato 2024-01-08Pubblicato ultima volta 2024-01-09

Introduzione

With a Wednesday deadline looming, the regulator sent comments just hours after would-be issuers filed documents detailing their fees.

U.S. Securities and Exchange Commission officials sent comments to a set of prospective issuers of bitcoin exchange-traded funds (ETFs) just hours after the companies filed documents detailing fees for their proposed products, an individual familiar with the comments said.

The issuers should file updated documents on Tuesday, the individual said. The comments addressed minor details in the amended S-1 forms rather than significant changes, and should not affect the timeline for a potential approval by the regulator. Issuers hoping to launch spot bitcoin ETFs in the U.S., including BlackRock, Grayscale and Fidelity, announced their expected fees in filings earlier Monday.

Bloomberg Intelligence analyst James Seyffart, who's been closely tracking the bitcoin ETF applications, tweeted that it was "borderline unheard of" for applicants to hear back from the SEC within the same day for amended filings.

Monday's comments show SEC officials are still engaged in dialogues with the would-be ETF issuers, most of whom proposed creating spot bitcoin ETFs last summer. The agency faces a Jan. 10, 2024 deadline – i.e. this Wednesday – for one of the applications, by Ark and 21 Shares. A flurry of amended filings by issuers reflecting their conversations with SEC officials has raised hopes in recent weeks that the agency will approve spot bitcoin ETFs to trade in the U.S. These hopes were bolstered when exchanges including Nasdaq, NYSE Arca and Cboe BZX filed amended 19b-4 documents on Friday, which another individual told CoinDesk last week were intended to match the S-1 filings.

Both 19b-4 and S-1 filings need to be deemed effective by the SEC before an ETF can begin trading.

Bitcoin ETF advocates hope a regulated financial product will let traditional financial institutions and everyday retail investors gain exposure to the world's oldest cryptocurrency's price without having to set up wallets or otherwise deal with new financial structures. The SEC has so far rejected every application for a spot bitcoin ETF, dating back to 2013.

STORY CONTINUES BELOW

Recommended for you:

While the agency has not yet signaled publicly how it might rule on the latest slate of applications, the amount of feedback it's provided and the amended filings – not to mention the speed with which it's responding – suggest the nearly-a-dozen applications will be cleared for takeoff.

Edited by Marc Hochstein.

Letture associate

Pundit Shows How XRP’s Performance Has Outpaced Hedge Funds

Crypto pundit Vandell highlights XRP's significant outperformance compared to hedge funds since its launch. From its 2014 low of $0.0028 to a 2025 all-time high of $3.64, XRP delivered a return of roughly 129,900%. Even from its 2020 low of $0.11, it surged 33x in five years. Vandell states that utility and adoption are merely "icing on the cake," asserting that XRP's value will appreciate over time as long as the money supply increases. He also suggests that regulatory clarity, such as the potential passage of the CLARITY Act, could trigger historic institutional inflows. While acknowledging it could take years or decades, Vandell believes XRP could reach $1,000 due to its limited supply and sustained demand from fiat debasement and investor accumulation. At the time of writing, XRP is trading around $1.44.

bitcoinist1 min fa

Pundit Shows How XRP’s Performance Has Outpaced Hedge Funds

bitcoinist1 min fa

Liquidity Forecasts Show Ozak AI Reaching a $1.5 Billion Fully Diluted Valuation Soon After Launch

Updated liquidity forecasts indicate that Ozak AI is positioned to reach a fully diluted valuation (FDV) of $1.5 billion shortly after its initial exchange listings. With over $6.8 million raised in its presale—priced at $0.014 per token—and more than 1.17 billion tokens already sold, the project has demonstrated strong early capital formation, reducing downside risk during price discovery. Analysts highlight that Ozak AI’s concentrated early supply and capital-efficient structure could allow smaller liquidity injections to drive significant valuation expansion, potentially bypassing lower valuation ranges entirely. The project’s AI-native infrastructure—including Prediction Agents, the Ozak Stream Network, Data Vaults, EigenLayer integration, and Arbitrum Orbit deployment—supports higher valuation multiples by offering tangible utility rather than speculative appeal. Partnerships with Pyth Network, SINT, HIVE Intel, and Weblume further strengthen liquidity confidence and exchange adoption prospects. With robust presale performance, functional AI infrastructure, and favorable liquidity dynamics, Ozak AI is emerging as a liquidity-driven growth asset with the potential for rapid post-launch valuation scaling.

TheNewsCrypto4 h fa

Liquidity Forecasts Show Ozak AI Reaching a $1.5 Billion Fully Diluted Valuation Soon After Launch

TheNewsCrypto4 h fa

Exchange Exposure Could Push Ozak AI’s Daily Volume Beyond $500 Million Within the First Trading Month

Ozak AI ($OZ) is positioned to capitalize on market shifts from established altcoins to innovative AI-driven projects. With a successful presale raising over $5 million and strong token distribution, the project is expected to achieve significant trading volume upon exchange listing—potentially exceeding $500 million daily within the first month. Key factors driving this outlook include concentrated early investor interest, AI and DePIN utility, and strategic partnerships enhancing functionality and credibility. Unlike hype-driven tokens, Ozak AI’s real-world use cases in staking and ecosystem integrations support sustained trading activity beyond initial speculation.

TheNewsCrypto5 h fa

Exchange Exposure Could Push Ozak AI’s Daily Volume Beyond $500 Million Within the First Trading Month

TheNewsCrypto5 h fa

Clarity Act Reaches Critical Juncture: The U.S. Crypto Regulatory Crossroads

The U.S. cryptocurrency regulatory landscape faces a historic turning point in spring 2026. The fate of the CLARITY Act, which aims to establish a comprehensive market structure framework for digital assets—hangs in the balance. If it fails to clear the Senate Banking Committee by late April, its chances of passage drop drastically, potentially delaying U.S. crypto legislation for years. Simultaneously, the GENIUS Act is reshaping the stablecoin market through stringent prudential regulations, including AML/CFT compliance and reserve requirements, favoring major compliant players like USDC and Tether’s new USAT. A key political compromise led by Senators Tillis and Alsobrooks addresses contentious issues like stablecoin yields, though critical implementation details remain unresolved. The White House strongly supports the legislation as part of a strategy to make the U.S. a global crypto hub, but political challenges—including midterm elections and cross-party demands—threaten its progress. If passed, the CLARITY Act could unlock trillions in institutional capital and help the U.S. compete with the EU’s MiCA framework. If stalled, global regulatory leadership may shift to Europe and Asia. Regardless of outcome, regulatory clarity and compliance infrastructure are becoming central to competitive advantage in the crypto industry.

marsbit5 h fa

Clarity Act Reaches Critical Juncture: The U.S. Crypto Regulatory Crossroads

marsbit5 h fa

Warsh Hearing Concludes: What Are the Notable Signals for the Crypto Industry?

The Senate Banking Committee held a confirmation hearing for Judy Shelton, a Federal Reserve nominee, who faced intense questioning regarding her ability to maintain the central bank's independence amid pressure from President Trump to lower interest rates. Shelton denied any pre-arranged commitments on rate cuts and emphasized her independence, though Democrats remained skeptical, citing contradictions with Trump's public statements. Shelton characterized post-pandemic inflation as a major policy failure and called for a "regime change" in the Fed’s approach, including reforms to inflation measurement and communication strategies. She criticized the current practice of Fed officials frequently signaling future rate moves and did not commit to maintaining post-meeting press conferences, suggesting potential reductions in transparency. Regarding crypto markets, Shelton’s extensive investments in digital asset companies—including Solana, DeFi, and blockchain infrastructure—were noted, though she has pledged to divest these holdings due to ethics rules. Her familiarity with the crypto industry and deregulatory leanings may signal a more open, though cautious, stance toward digital assets. However, concerns were raised about potential conflicts of interest, especially given Trump family involvement in crypto-financial ventures. The timing of her confirmation remains uncertain, pending a Justice Department investigation into current Chair Powell. Shelton’s potential leadership could lead to a more hawkish, productivity-focused Fed with tighter policy communication—factors that may significantly influence liquidity conditions and macro narratives for crypto markets.

marsbit5 h fa

Warsh Hearing Concludes: What Are the Notable Signals for the Crypto Industry?

marsbit5 h fa

Trading

Spot

Futures