BlackRock and VanEck Once Again Submitted the Bitcoin Spot ETF S-1 Application

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BlackRock and VanEck, two firms vying to launch bitcoin exchange-traded funds (ETFs) in the United States, have once again submitted updated filings with the Securities and Exchange Commission (SEC). The new documents reveal that both companies received comments from the regulatory body within the past 24 hours. This follows a flurry of filings on Monday, prompting the SEC to send feedback to a group of potential issuers of spot bitcoin ETFs. The latest filings contain changes aimed at mitigating risks for shareholders in the event of insolvency and preventing conflicts of interest between authorized participants.