Latest news on Bitcoin ETF:

• In the updated version of Blackrock's application to launch a spot Bitcoin ETF, the instrument ticker appeared - IBIT.
• 7RCC has applied for a spot Bitcoin ETF.
• ARK Invest updated their application, and the instrument’s ticker, ARKB, appeared on the DTCC website.
• Wisdomtree has amended its application for a spot Bitcoin ETF for the fourth time.

An ETF (Exchange Traded Fund) is an index fund whose shares are traded on an exchange. A Bitcoin ETF allows investors to invest in Bitcoin without purchasing or storing the cryptocurrency itself.

Recently, several companies have filed to create ETFs based on Bitcoin, including VanEck and Blackrock. However, the US Securities and Exchange Commission (SEC) has not yet approved any of them.

Основная проблема с созданием биткоин-ETF заключается в том, что биткоин является крайне волатильным активом, и SEC опасается, что инвесторы могут быть введены в заблуждение из-за этого. Кроме того, биткоин не имеет стабильной стоимости или механизма контроля, что также вызывает опасения у регуляторов.

Interestingly, the SEC has delayed a decision on several Ethereum ETF applications. The decision affected the Hashdex, VanEck funds and the joint instrument of ARK Invest and 21Shares, as well as the futures ETF from Grayscale. The deadline is now set for May 2024.