The Securities and Exchange Commission said that the applications of companies, in particular BlackRock, Fidelity and others, were not clear and did not contain the name of the partner under the joint supervision agreement.
Recall that the first BlackRock ETF application was filed on June 15. The very next day, the Securities and Exchange Commission (SEC) indicated to representatives of Nasdaq and Cboe that their applications for listing bitcoin ETFs do not contain information about the partner. On the same day, the Cboe BZX exchange named Coinbase its partner and re-applied for bitcoin exchange-traded funds (ETFs).
According to the documentation, Nasdaq signed a data exchange agreement on June 8. The updated version of the application includes an agreement on the exchange of observations with the Coinbase exchange, which accounts for approximately 56% of dollar-to-BTC trading on platforms in the United States since the beginning of the year.
Financial managers hope for the success of the launch of a spot bitcoin ETF. At the same time, shares of Coinbase (COIN) have increased by about 8% over the past 24 hours, and Microstrategy has jumped by 35%.