BlackRock, JPMorgan and Fidelity's applications for a Bitcoin spot ETF have been approved by the US SEC.

BlockBeats reported on July 14th that financial analyst James Seyffart posted on social media that the US Securities and Exchange Commission (SEC) has just confirmed the bitcoin spot ETF applications from BlackRock, VanEck, CSOP/GalaxyDigital, Fidelity, and WisdomTree. As previously reported by BlockBeats, financial analyst James Seyffart stated yesterday that Bitwise's spot bitcoin ETF application review process has been approved by the SEC, officially initiating the review process. However, Seyffart also stated that "this is just one step in the process, and even if Gensler/SEC plans to reject them next month, it could still happen."