Bitcoin ETF Race Gets 13th Entrant, BlackRock Revises ETF Model

Pando ETFs offer come as several place Bitcoin ETFs apps draw closer has A final decision deadline.

News Join We on social networks

Swiss active director Pando Active has become A unexpected late participant In THE place Bitcoin (BTC) exchange traded funds (ETF) race In THE United States.

On THE even day, investment giant black rock encounter with THE country securities regulator has not A update ETFs model base on THE the agency comments.

On Nov. 29, Pando submitted A Form S-1 has THE Securities And Exchange Commission — used has register securities with THE agency — For THE Pando Active Place Bitcoin Trust.

As other ETFs offers, THE trust goals has track Bitcoin price with THE jail arm of THE crypto exchange Coinbase has socket Bitcoin on in the name of of THE trust.

Pando East THE 13th tenderer aimed has to have A approved place Bitcoin ETFs In THE WE. And joined THE race with A dozen others that to have has been bid For SECOND approval, which include black rock, ARK Invest And Grayscale.

In A Nov. 29 X (Twitter) job, Bloomberg ETFs analyst Eric Balchunas said he has "more questions that answers" about Pando deposit, examination Why he came SO late.

more questions that answers: Or to have they has been For last 3 months ? Why to disturb has This indicate? if they TO DO Jan ten crew What do that say about fair play And even Company as We know he? And What Exactly East A Pando?

— Eric Balchunas (@EricBalchunas) November 29, 2023

Balchunas Also raised concern about THE consequences should Pando ETFs be among THE "crew" of Bitcoin ETFs deposits he