The anticipation around Bitcoin exchange-traded funds (ETFs) continues to grow as Valkyrie Digital Assets refiles its 19b-4 form with the U.S. Securities and Exchange Commission (SEC).
As confirmed by Eric Balchunas, a renowned ETF analyst, the updated filing includes a definitive Service Level Agreement (SLA) with Coinbase.
This move seems to mirror BlackRock's tactics, which also emphasized its partnership with the digital currency exchange, known as the largest spot Bitcoin exchange in the U.S.
A significant meeting with the SEC looms
Adding to the suspense, an upcoming meeting between spot Bitcoin ETF applicants and the SEC is expected to provide critical insight into the future of Bitcoin ETFs.
Alex DovbnyaBalchunas emphasized the speculative nature of the reports, stating, "Just to be clear, we can't 100% confirm this is true! Just trying to share things we find interesting or useful in all this from legit sources."
In any case, enthusiasts and investors alike will be closely monitoring these developments in the Bitcoin ETF space.
Arman Shirinyan
Dan Burgin
U.Today Editorial Team
Vladislav Sopov