The U.S. Securities and Exchange Commission said last week that spot Bitcoin ETF applicants must file final S-1 amendments by Dec. 29. The regulator also required them to sign an agreement with an authorized participant (AP) and sort out the cash-create redemption model it favors. The deadline means that on Dec. 29, the community will likely find out which spot Bitcoin ETF filers out of 14 applicants could be in the first wave of potential spot BTC ETF approvals, which is largely expected in early January. According to Bloomberg senior ETF analyst Eric Balchunas, many ETF applicants have updated their filings with the cash-create redemption model. As of Dec. 22, seven applicants had their filings fixed to cash-create, while the other seven included both cash-create and in-kind models in
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