VanEck, a global investment manager, is set to launch a spot Bitcoin ETF, with trading expected to begin on Thursday. VanEck CEOs Jan van Eck and Martijn Rozemuller confirmed the news on CNBC's "ETF Edge" and in subsequent statements. The firm has successfully raised $72.5 million to seed the ETF, as per an SEC filing, and Bitwise has garnered $200 million of interest. The CEOs noted that all the fees were released in the morning, signaling readiness for the Thursday listing, highlighting the growing institutional interest in Bitcoin.
VanEck CEO: I believe the #Bitcoin spot ETFs will begin trading on Thursday https://t.co/xnFCTxrNWE
JUST IN: Spot #Bitcoin ETF Applicant VanEck CEO says ETFs are "all getting ready to basically list on Thursday." https://t.co/lvgLHgtXBq
JUST IN: VanEck CEO says spot #Bitcoin ETFs are "all getting ready to basically list on Thursday." š https://t.co/MrO3XNm4iR
NEWS: VanEck CEO Jan van Eck said he believes the firm's spot bitcoin ETF will start trading Thursday on CNBC's "ETF Edge." Van Eck also said the firm has "very good seed capital" lined up. VanEck's spot bitcoin ETF has raised $72.5 million to seed the ETF, per an SEC filing.
VANECK CEO CONFIRMS THAT THE BITCOIN SPOT ETFS WILL BEGIN TRADING ON THURSDAY "All the fees came out this morning because they're all getting ready to basically list on Thursday...that's not been filtered out through all the news." šš https://t.co/ecPLB5MfIq
VanEck CEO says its spot bitcoin ETF should trade on Thursday: CNBC https://t.co/MijgnWUoCI
NEW: Spot #Bitcoin ETF to start trading on Thursday, per VanEck CEO Jan van Eck šš https://t.co/RhyHmgFyw4
NEW: Spot #Bitcoin ETF to start trading on Thursday, per VanEck CEO Martijn Rozemuller šš https://t.co/SYzZgRoZ8W
ICYMI: VanEck seeds potential spot bitcoin ETF with $72.5 million, while Bitwise lines up $200 million of interest https://t.co/UkPcZOrrLF