The race for Bitcoin (BTC) Spot ETF approval is heating up as many companies submit applications. Bloomberg analysts estimate that spot ETF applications have a 90% chance of being approved en masse by January 10, 2024. Here's a summary of the companies that have applied so far and the deadlines to follow:
- Grayscale has re-filed for the Grayscale Bitcoin Trust, which is “physically” backed and listed on the NYSE. Custodian Coinbase and form 19b-4 were first published on October 19, 2021. The next deadline is unknown at this time.
- 21Shares & ARK had re-filed for the CBOE-listed ARK 21Shares Bitcoin ETF (ARK8). The custodian is Coinbase and the form 19b-4 was published on April 25, 2023. The next deadline and final deadline is January 10, 2024.
- BlackRock had applied for iShares Bitcoin Trust (IBTC) to be listed on Nasdaq. The custodian is Coinbase and the form 19b-4 was published on June 29, 2023. The next deadline is January 15, 2024, and the final deadline is March 15, 2024.
- Bitwise has re-applied for Bitwise Bitcoin ETP Trust (BITE) to be listed on the NYSE. The custodian is Coinbase and the form 19b-4 was published on June 28, 2023. The next deadline is January 14, 2024 and the final deadline is March 14, 2024.
- VanEck has re-applied for the VanEck Bitcoin Trust to be listed on the CBOE. Depository Gemini and form 19b-4 were published on June 30, 2023. The next deadline is January 15, 2024 and the final deadline is March 15, 2024.
- Wisdomtree had re-applied for Wisdomtree Bitcoin Trust (BTCW) to be listed on the CBOE. The custodian is Coinbase and the form 19b-4 was published on June 30, 2023. The next deadline is January 15, 2024 and the final deadline is March 15, 2024.
- Invesco & Galaxy has re-filed for the Invesco Galaxy Bitcoin ETF (BTCO) to be listed on the CBOE. The custodian is Coinbase and the form 19b-4 was published on June 30, 2023. The next deadline is January 15, 2024 and the final deadline is March 15, 2024.
- Fidelity has re-applied for Wise Origin Bitcoin Trust to be listed on the CBOE. The custodian was identified as Fidelity and the form 19b-4 was issued on June 30, 2023. The next deadline is January 15, 2024 and the final deadline is March 15, 2024.
- Valkyrie has re-applied for the Valkyrie Bitcoin Fund (BRRR) to be listed on Nasdaq. The custodian is Coinbase and the form 19b-4 was published on July 3, 2023. The next deadline is January 17, 2024 and the final deadline is March 19, 2024.
- Global X has re-filed for the Global X Bitcoin Trust to be listed on the CBOE. The custodian is Coinbase and the form 19b-4 was published on August 4, 2023. The next deadline is November 21, 2023 and the final deadline is April 19, 2024.
- Hashdex has applied for the Hashdex Bitcoin ETF to be listed on the NYSE. Form 19b-4 was published on September 22, 2023. The next deadline is March 31, 2024, and the final deadline is May 30, 2024.
- Franklin has filed for the Franklin Bitcoin ETF to be listed on the CBOE. The custodian is Coinbase and the form 19b-4 was published on September 26, 2023. The next deadline is March 31, 2024, and the final deadline is May 30, 2024.
- Pando has applied for the Pando Asset Spot Bitcoin Trust to be listed on the CBOE. The custodian is Coinbase and the form 19b-4 was published on December 5, 2023. The next deadline is February 8, 2024, and the final deadline is August 21, 2024.
*This is not investment advice.
