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Traditional Finance Firms Resubmit Bitcoin ETF Applications in the US

July 3 (Cointime) - BlackRock, the world's largest asset manager with over $9 trillion in AUM, submitted its spot Bitcoin ETF filing with the United States Securities and Exchange Commission (SEC) on June 15, leading to a frenzy of resubmitted applications for spot Bitcoin ETFs from other traditional finance giants in the US. Companies including WisdomTree, Invesco, Valkyrie, VanEck, Fidelity Digital Assets, Ark Invest, and 21Shares have all submitted fresh applications in the past two weeks, sparking renewed hopes for the possibility of a Bitcoin ETF.

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