Bitcoin ETF Approval Imminent as Financial Firms Update SEC Filings

BlackRock, Fidelity, WisdomTree, and Others Name Authorized Participants; Decision Expected Early January

Several financial firms have updated their filings with the SEC for a Bitcoin ETF, with approval expected as early as next week.
BlackRock, Fidelity, and WisdomTree have named Jane Street Capital and JPMorgan Securities as authorized participants for their potential Bitcoin ETFs.
BlackRock, VanEck, Valkyrie Investments, Bitwise Investment Advisers, Invesco Ltd., Fidelity, WisdomTree Investments and a joint venture between Ark Investments and 21Shares have all submitted new documents with regulators.
14 fund managers are hoping to launch their Bitcoin products, with the SEC expected to make a decision between January 5 and 10.
Fees for the new Bitcoin ETFs vary, with Fidelity's fund having the lowest fee at 39 basis points.