The asset size of the top 20 Bit ETFs

According to CoinGecko statistics, as of December 22, 2023, the world's top 20 Bit ETFs have a total fund size of less than $20 billion, of which the largest is Sweden's XBT Provider Bitcoin Tracker One (COINXBT) with a capital size of $7.11 billion, but the second place ProShares Bitcoin Strategy ETF (BITO) has only a fund size At $1.63 billion, it's a far cry from COINXBT, and the last one is the ProShares Short Bitcoin Strategy ETF (BITI), which is even smaller, at just $54.86 million.

SEC Relaxes "Expected to Approve in January"
Returning to the latest progress of Bit spot ETFs, SEC officials have met last Thursday with representatives of at least seven issuers that hope to launch such ETFs in early 2024, and informed them that at least 2 companies need to submit final change filings by the 29th, raising the market's expectation that the SEC will approve the spot ETF in mid-January again.

However, it is worth noting that two company executives who met with the SEC said that the SEC also informed the meeting that any issuer that cannot complete the change by the deadline will not become the first potential Bit spot ETF in early January.