Analyst: BlackRock's resubmission of amendments indicates that all parties involved are urgently pushing for the approval of spot ETFs.

According to a January 9th report by BlockBeats, Bloomberg's senior ETF analyst Eric Balchunas stated that "BlackRock has just resubmitted their S-1 amendment based on comments received at the last minute yesterday. At first glance, it's difficult to discern any changes, but what's important is that this unprecedentedly quick response time of just 24 hours from submission to receipt of comments to resubmission tells us that all parties involved are urgently pushing forward with this project." Today, BlockBeats reported that BlackRock and VanEck have submitted another S-1 amendment for their spot Bitcoin ETF application, according to SEC website data.