Daisy Watts 
Dec 19, 2023
Bitcoin (BTC) on Monday registered significant gains by going up 3.09% after a 2.01% drop during the previous session.
The biggest cryptocurrency closed the day at $42,639.
It is noteworthy that Bitcoin, surprisingly for the third consecutive session, fell a little short of the $43,000 bracket.
Read more: Bitcoin surpasses $40,000 amid growing momentum
News about BTC-spot ETFs compelled people to buy BTC and other similar assets, with some important ETF updates grabbing the attention of investors.
Companies like BlackRock and Fidelity talked with the SEC about how these ETFs are created and redeemed. BlackRock made changes to its iShares Bitcoin Trust, excluding a certain method of creating and redeeming.
Similarly, Invesco also made an update, stating that they will use cash for creating and redeeming shares.
In view of the January 5-10 approval window getting closer, other issuers also filed updated S-1 forms.
Wisdom Tree made S-1changes for their Bitcoin Fund, and ArkInvest along with 21Shares did the same for their ARK 21Shares Bitcoin ETF. James Seyffart, Bloomberg Intelligence analyst, shared this information.
The fund plans to hold 80% Bitcoin and 20% carbon credit futures. With people paying more attention to how Bitcoin affects the environment, it's anticipated that there will be more filings related to ESG (Environment, Social, and Governance) concerns.
