The “HODL” ticker symbol will designate the VanEck spot Bitcoin ETF on the exchange.
In Q1 2024, the firm expects Bitcoin ETFs to raise $2.4 billion.
An updated spot Bitcoin ETF application was filed to the United States SEC on Friday by VanEck, a mutual fund and ETF management firm. The “HODL” ticker symbol will designate the VanEck spot Bitcoin ETF on the exchange. According to an S-1 filing with the United States SEC on December 8, VanEck has amended its spot Bitcoin ETF, VanEck Bitcoin Trust.
Advisor of VanEck, Gabor Gurbacs, went to X, stating, “HODL” is the finest ticker in the race for Bitcoin ETFs. He is ecstatic about this new turn of events since, according to his fruitful conversations with the SEC, approval is on the horizon for next year.
January Deadline Closing In
According to Bloomberg ETF expert James Seyffart, this is modification number five for VanEck, which has been attempting to create a Bitcoin ETF for a long time. The SEC has everyone’s attentio
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