🔥Bitcoin spot ETF has new request for a signature in Switzerland 🔥
Pando Asset AG issued an application in the US to launch an exchange-traded fund (ETF) linked to Bitcoin spot prices.
Swiss-based asset management firm Pando Asset AG last week became the latest issuer of a U.S. filing for the Securities and Exchange Commission (SEC), which expects launch an exchange-traded fund (ETF) linked to Bitcoin spot prices.
Following this filing, Pando became the 13th company to compete for a share of what could be a multibillion-dollar product, according to filings from the SEC and other asset management giants from BlackRock and Fidelity to more specialized ETF providers. like ARK Investments.
Even though Pando is not registered with the SEC as an investment company and is hardly a newcomer to the US Bitcoin spot race, it managed to include Bank of New York in its exchange-traded fund (ETF) proposal. Mellon as administrator of the Pando Asset Spot Bitcoin Trust Pando, and also already has three other spot cryptocurrency exchange products (ETPs) on the SIX Swiss Exchange.
#ETF #Bitcoin #BTC🔥🔥 #btc
Pando Asset AG issued an application in the US to launch an exchange-traded fund (ETF) linked to Bitcoin spot prices.
Swiss-based asset management firm Pando Asset AG last week became the latest issuer of a U.S. filing for the Securities and Exchange Commission (SEC), which expects launch an exchange-traded fund (ETF) linked to Bitcoin spot prices.
Following this filing, Pando became the 13th company to compete for a share of what could be a multibillion-dollar product, according to filings from the SEC and other asset management giants from BlackRock and Fidelity to more specialized ETF providers. like ARK Investments.
Even though Pando is not registered with the SEC as an investment company and is hardly a newcomer to the US Bitcoin spot race, it managed to include Bank of New York in its exchange-traded fund (ETF) proposal. Mellon as administrator of the Pando Asset Spot Bitcoin Trust Pando, and also already has three other spot cryptocurrency exchange products (ETPs) on the SIX Swiss Exchange.
#ETF #Bitcoin #BTC🔥🔥 #btc