PANews reported on January 6 that Reuters quoted people familiar with the matter as saying that investment management companies, stock exchanges and the U.S. Securities and Exchange Commission (SEC) discussed the final wording changes of the Bitcoin spot ETF application on Friday. According to executives and representatives of five companies, ETF issuers discussed the S-1 prospectus with SEC officials. Several issuers said they expect to receive final approval of the S-1 application late Tuesday or Wednesday. Several Bitcoin spot ETF issuers said on Friday that they expect to receive final approval of the S-1 application late next Tuesday or Wednesday. The SEC has asked three Bitcoin ETF issuers to make "minor" adjustments, and some asset management companies are expected to modify the documents to disclose the market maker fees or identities of their ETFs. It is reported that a source from one of the ETF issuers has stated that the SEC's vote on the 19b-4 rule change is scheduled for January 10.
