ARK Invest Takes the Lead in Bitcoin ETF Amendment Race

Key Takeaways

ARK Invest and 21Shares lead the race by submitting their final amendments for a Bitcoin ETF ahead of the SEC’s December 29 deadline;
The SEC set the deadline during meetings with representatives from various firms, emphasizing the importance of timely filings to be part of the initial wave of potential approvals;
More firms are expected to submit amended S-1 filings in the next 24 hours, intensifying the competition for spot Bitcoin ETF approval in January.

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