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International Business Times
International Business Times
Business
Nica Osorio

Bitcoin ETF News: VanEck Files Fifth Amended Prospectus, Reveals Ticker

Bitcoin VanEck ETF BlackRock United States Eric Balchunas SEC Fidelity Invesco James Seyffart
Golden Bitcoin Coin and mound of gold (Credit: Marco Verch Professional/flickr.com)

KEY POINTS

  • VanEck has been trying to launch spot Bitcoin ETF for years
  • This explains why it is already on its fifth S-1 Amendment
  • Bitcoin was trading in the red zone at $43,938.82 as of 3:48 a.m. ET on Sunday

ETF and mutual fund manager VanEck submitted the fifth amendment to its spot Bitcoin exchange-traded fund prospectus with the U.S. Securities and Exchange Commission (SEC), revealing its ticker to be HODL, which means "hold on to dear life" in the crypto community.

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