VanEck Doubles Down on Bitcoin ETF Efforts
VanEck has updated its filing for a Bitcoin spot Exchange Traded Fund (ETF) with the Securities and Exchange Commission (SEC), doubling down on its efforts to offer a regulated and secure way for investors to gain exposure to Bitcoin. VanEck has a history of offering investment products to a wide range of clients, and has been working to address concerns raised by the SEC, including those relating to market manipulation. The company is not alone in its quest for a Bitcoin ETF, with competitors such as BlackRock also refining their applications. The approval of a Bitcoin ETF could attract more than $14 billion in assets within the first year of approval, according to investment research firm Galaxy Digital.