
KEY POINTS
- Bitwise submitted its second S-1 amendment to the SEC on Monday
- BlackRock followed suit about an hour later
- The SEC has not yet said anything in public related to spot Bitcoin ETF applications
The U.S. Securities and Exchange Commission (SEC) has given multiple spot Bitcoin exchange-traded fund (ETF) applicants the "same or very similar instructions," an ETF analyst observed after Bitwise and BlackRock submitted their amended prospectus Monday.