June 21 (Cointime) - Invesco, a global investment management firm with $1.49 trillion under its management, has reportedly refiled for a spot Bitcoin exchange-traded fund (ETF) after withdrawing its application in October 2021 due to regulatory concerns.
Other prominent names, such as iShares, Bitwise, WisdomTree, and BlackRock, have also submitted filings for spot Bitcoin ETFs, indicating a renewed surge of institutional interest in the cryptocurrency.
While the SEC has yet to issue a final decision on these filings, the situation remains fluid, and the re-emergence of Invesco introduces a new twist in the ever-changing narrative surrounding Bitcoin ETFs.
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