BitcoinWarrior

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Amended Spot BTC ETF Filings Have No Impact On Approval Dates, WisdomTree Jumps On Amendment Wagon

With major financial players amending spot Bitcoin ETF proposals, delays are seen as common in the path for approval. What Happened: Global ETF provider WisdomTree amended its spot Bitcoin ETF prospectus with an S-1 form which stated WisdomTree Bitcoin Trust ETF would trade under a ticker symbol BTCW, with Coinbase Custody Trust serving as the custodian holding all the trust’s Bitcoin on its behalf. This update comes on the heels of WisdomTree refiling its spot Bitcoin ETF application in June 2023 which had proposed a rule change to list and trade shares of the WisdomTree Bitcoin Trust on the …