In the digital currency market, VanEck, as a well-known asset management company, recently updated the instructions for their Bitcoin spot exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC). This dynamic has attracted widespread attention from the market, especially the investor group of the trading code HODL. Let us explore this important event in depth and analyze it from multiple angles.

As a leader in the field of asset management, every move of VanEck has attracted much attention. This update of the Bitcoin spot ETF instructions will undoubtedly bring new changes and opportunities to the digital currency market. Investors of the trading code HODL will also pay close attention to the progress of this event, hoping to find a breakthrough in investment.

In the turbulent digital currency market, VanEck's move to update the Bitcoin spot ETF instructions means their confidence in the digital currency market and their belief in future development. This will also further promote the development of the digital currency market and provide investors with more diversified investment options.

For investors of the trading code HODL, VanEck's update of the Bitcoin spot ETF instructions will provide them with more investment opportunities and choices, helping them to better avoid risks and seize investment opportunities. This will also add a touch of color to the digital currency market and bring more profit possibilities to investors.

From a global perspective, the development of the digital currency market is unstoppable, and VanEck's move will undoubtedly further promote the vigorous development of the digital currency market. Investors of the trading code HODL will also benefit from this and gain more investment opportunities and profit possibilities. This series of changes will bring new vitality and momentum to the digital currency market.

In general, VanEck has once again updated the Bitcoin Spot ETF instructions. Investors of the trading code HODL are expected to have more investment opportunities and choices, and the digital currency market will also usher in new development opportunities. Let us wait and see, witness the future development of the digital currency market together, and share the results and gains of investment.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120bTC.coM): There is only one month left before the next review of the Bitcoin spot ETF by the US Securities and Exchange Commission (SEC) (mid-January next year), and the negotiations between major applicants and the SEC have also reached the "key details" stage.

Against this background, Bloomberg ETF analyst James
Seyffart brought the latest progress late yesterday (8th). He pointed out that VanEck, a US asset management giant with a management fund of up to US$70 billion, has again submitted its S-1 investor disclosure statement for its Bitcoin spot ETF to the SEC. This is the fifth revision for them.

The trading code is HODL

Interestingly, James
Seyffart also added that according to a public document, VanEck's stock code will be HODL (a term in the currency circle, referring to long-term holding of cryptocurrencies without selling). This view was later recognized by Bloomberg senior ETF analyst Eric
Balchunas.

Eric
Balchunas said that VanEck's code name is clearly different from the choices of traditional institutions such as BlackRock and Fidelity, but he does not think this is a bad thing. VanEck's feature is that it focuses on niche markets and also has a solid retail user base.

Fidelity ETF is included in the DTCC pre-listing list

Fidelity, which is also one of the applicants for Bitcoin spot ETFs, has discussed and updated the application with the SEC many times since submitting the application for Bitcoin spot ETF on June 27. According to the latest list of the Depository Trust and Clearing Corporation (DTCC), Fidelity's Bitcoin spot ETF "FIDELITY
WISE ORIGIN BITCOIN FD SHS" has been officially included in the active and pre-issuance list, with the trading code FBTC.

In response, Eric
Balchunas also tweeted earlier that Fidelity's choice of the trading code "FBTC" is very ordinary, but the meaning behind it is different: FBTC, this code is very ordinary, and it seems to be deliberately chosen to attract more traditional and older investors. Now, most of the stock codes have been decided. The next thing to pay attention to is the fees of these products, which may be announced at the last minute before the product is officially launched because the issuer is reluctant to reveal its cards in advance.

With the continuous release of positive market information, perhaps in a month, we will really meet the first US Bitcoin spot ETF.