Investment firms Invesco and WisdomTree are making more attempts to secure approval to launch spot bitcoin exchange-traded funds (ETFs) following initial rejections.
Their renewed efforts come just days after the world’s largest asset manager BlackRock made its own bid to launch such a fund.
“the bitcoin market has matured such that it is operating at a level of efficiency and scale similar in material respects to established global equity, fixed income and commodity markets.”
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