Page 6 - Wisdomtree Bitcoin News Today

(Bloomberg) -- WisdomTree is trying again for permission to start a spot Bitcoin exchange-traded fund in the US, submitting an application to the Securities and Exchange Commission less than a week after BlackRock Inc.Most Read from BloombergHedging Failure Exposes Private Equity to Interest-Rate SurgeThese Are World’s Most Expensive Cities for High-Class LivingWhat We Know About the Missing Titanic SubmersibleAlibaba Names Tsai Chairman, Wu CEO in Surprise Shake-UpTitanic Explorer Says T...

New York-based asset manager WisdomTree has submitted a new application for a spot Bitcoin exchange-traded fund in the U.S., less than a week after BlackRock filed its application for a similar spot Bitcoin ETF.

WisdomTree has submitted a filing through which it intends to gain approval from the U.S. Securities and Exchange Commission for a spot Bitcoin…

Bitcoin rose 2% to $28 730, the highest level since early May, as of 11:37 a.m. in Singapore on Wednesday.

Less than a week after Blackrock filed for a spot Bitcoin ETF, New York-based investment firm Wisdom Tree and global fund manager Invesco have lodged similar applications for a spot BTC product.

While the SEC has rejected proposals in the past, with BlackRock leading the charge, industry watchers are optimistic the financial watchdog might change its mind this time.

WisdomTree has applied for consideration for its Bitcoin Trust approval and listing on the Cboe BZX Exchange. The application comes the same month and

The recent catalyst to the BTC price surge has been a flurry of applications for the spot Bitcoin ETF over the last week.

The filing from the asset manager said the WisdomTree Bitcoin Trust would be listed on the Cboe BZX Exchange under the ticker BTCW.

WisdomTree, a leading player in the exchange-traded funds (ETFs) domain, has submitted a request to greenlight the WisdomTree Bitcoin (CRYPTO: BTC) Trust, aiming for a listing on the Cboe BZX Exchange.