BTC Price Index and Live Chart – CoinDesk”>(BTC) exchange-traded funds (ETFs) in the U.S., have filed updated documents on Tuesday.

The filings show that the U.S. Securities and Exchange Commission sent comments to the entities in the last 24 hours. CoinDesk had reported that the SEC has sent comments to prospective issuers for spot-bitcoin exchange traded funds just hours after they filed documents outlining fees for the proposed products.

The latest update filed on Tuesday includes changes that aim to minimize damage to investors in the event of bankruptcy and to avoid a potential conflict of interest among the ETF authorized participants.

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Invesco’s and Galaxy’s latest filing reduced the fee they intend to charge from 0.59% to 0.39%.

The SEC has engaged with prospective issuers in a way that is almost unprecedented. Filings were made after SEC responses, and then they were updated within 24 hours.

SEC will likely approve all applications this week, as the deadline is Jan. 10, 2020. This Wednesday, the SEC may approve all the applications in an effort to be fair.

SEC rushes to answer latest Bitcoin ETF filings: Source

UPDATE: Ark 21Shares, Grayscale and Ark 21Shares are added to the story.

UPDATE: Jan. 9, 1436 UTC: Added Invesco Galaxy filed details.

Parikshit Miishra is the editor.