Comparing Bitcoin ETF Filings by BlackRock and Bitwise.
BlackRock and Bitwise have both filed for spot bitcoin ETFs, but their proposals differ. Bitwise's latest filing includes more legal analysis around the surveillance of bitcoin via the CME futures markets, while BlackRock is willing to enter into a surveillance-sharing agreement with a US-based spot trading platform for bitcoin in addition to its agreement with the CME. Industry watchers expect more issuers to re-join the race for a spot bitcoin ETF, including Ark Invest, 21Shares, VanEck, Valkyrie, WisdomTree, Global X, and Invesco.