Published on January 09, 2024 12:01 GMT+00:00edited on January 09, 2024 12:04 GMT+00:00

BlackRock and VanEck have filed amended S-1 forms for their respective spot bitcoin ETF applications to address final comments from the Securities and Exchange Commission.

The SEC sent comments to some of the prospective issuers yesterday after they filed their latest forms, according to CoinDesk citing a source. These comments were focused on minor details and were not expected to delay the applications.

The forms filed today show minor changes, including language on what happens if an authorized participant or bitcoin trading counterparty suffers insolvency and highlights that there could be potential conflicts of interest. They also included some warnings for potential investors of cases where there could be impaired liquidity.

Bloomberg ETF analyst Eric Balchunas noted on X that …