6/23/2023 5:32:30 PM | less than a minute read

‘Bitcoin market has matured’: WisdomTree, Invesco file for spot ETFs

FinTech Collective

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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