The 8-A form submitted by Fidelity and Grayscale shows progress in the application for a spot Bitcoin ETF
Golden Finance reported that the issuer's 8-A form indicates that the issuer is allowed to trade on the exchange, marking progress towards potential approval of a spot Bitcoin ETF. Grayscale is the latest company to submit an 8-A form, signaling progress for a potential spot Bitcoin exchange-traded fund. This move means that once the product is approved, the issuer can register on the exchange. The day before Grayscale took this action, Fidelity submitted an 8-A form, with only a few days left until the deadline for the U.S. Securities and Exchange Commission to decide whether to approve a spot Bitcoin ETF.
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