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Invesco, WisdomTree and Bitwise re-file Bitcoin ETF filings after BlackRock's move
BlackRock’s spot Bitcoin exchange-traded fund (ETF) filing has initiated a new wave of institutional interest in digital assets as both WisdomTree and Invesco have since re-filed paperwork for their own Bitcoin ETFs after they were initially rejected by the Securities and Exchange Commission (SEC). On Tuesday, Invesco submitted its paperwork for its “Invesco Galaxy Bitcoin ETF” with the SEC, arguing that the lack of a spot BTC ETF in the US puts investors at considerable risk as it can lead to the utilization of “riskier means” to access cryptocurrencies. This includes the use of platforms like FTX, ... (full story)