{"id":25355,"date":"2023-12-30T11:10:24","date_gmt":"2023-12-30T11:10:24","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/jpmorgan-named-ap-in-final-bitcoin-etf-filings-pullix-hits-2m-milestone\/"},"modified":"2023-12-30T11:10:24","modified_gmt":"2023-12-30T11:10:24","slug":"jpmorgan-named-ap-in-final-bitcoin-etf-filings-pullix-hits-2m-milestone","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/jpmorgan-named-ap-in-final-bitcoin-etf-filings-pullix-hits-2m-milestone\/","title":{"rendered":"JPMorgan named AP in final Bitcoin ETF filings; Pullix hits $2M milestone"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1674156096266-96136a27-d347-418d-895e-a7580d44c139-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1674156096266-96136a27-d347-418d-895e-a7580d44c139-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1674156096266-96136a27-d347-418d-895e-a7580d44c139-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1674156096266-96136a27-d347-418d-895e-a7580d44c139-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">Bitcoin ETF applicants submit S-1 filings as euphoric market pours into Pullix presale<\/li>\n<li dir=\"ltr\">JPMorgan, Jane Street named brokers in Bitcoin ETF S-1 filings.<\/li>\n<li dir=\"ltr\">Pullix presale has attracted more than $2 million just weeks after its launch.<\/li>\n<\/ul>\n<p dir=\"ltr\">The countdown to the first spot Bitcoin exchange-traded fund (ETF) approved for the US market is now down to just days. This is after BlackRock, Valkyrie, Fidelity and several other applicants submitted their final S-1 amendments on deadline day Friday, December 29.<\/p>\n<p dir=\"ltr\">Elsewhere in the market, a market bullish on crypto going into 2024 has poured into the presale of new hybrid exchange <a href=\"https:\/\/pullix.io\/?utm_source=Coinjournal&amp;utm_medium=PR&amp;utm_campaign=1922\" rel=\"noopener noreferrer\" target=\"_blank\">Pullix<\/a>.<\/p>\n<h2 dir=\"ltr\">JPMorgan, Jane Street named APs in final Bitcoin ETF filings<\/h2>\n<p dir=\"ltr\">A proper countdown for a spot <a href=\"https:\/\/coinjournal.net\/news\/tag\/bitcoin-etf\/\" rel=\"noopener noreferrer\" target=\"_blank\">Bitcoin ETF<\/a> approval by the SEC has been on for months. For most analysts, <a href=\"https:\/\/coinjournal.net\/news\/grayscale-win-against-sec-in-bitcoin-etf-case\/\" rel=\"noopener noreferrer\" target=\"_blank\">Grayscale\u2019s legal victory<\/a> against the regulator marked the turning point. Now consensus is the SEC will approve the first batch of spot Bitcoin ETFs early January \u2013 probably before or around January 10.<\/p>\n<p dir=\"ltr\">Yesterday, that countdown appeared to accelerate as most of the firms looking to offer spot Bitcoin ETFs filed their final amendments.<\/p>\n<p dir=\"ltr\">BlackRock, Van Eck, ARK 21 Shares, Invesco Galaxy, Valkyrie, Fidelity, Bitwise, and WisdomTree all trooped in on Friday. Among noticeable details in the filings was the naming of authorised participants (APs) and fees.<\/p>\n<p dir=\"ltr\">For instance, BlackRock and Valkyrie filed updated S-1 filings that named JPMorgan and Jane Street as its authorised participants. Valkyrie disclosed it would work with Jane Street and Cantor, while Invesco Galaxy named Virtu and JPMorgan.\u00a0<\/p>\n<p dir=\"ltr\">While JPMorgan\u2019s selection as AP draws attention for the public remarks of its CEO Jamie Dimon, its role as will be that of Jane Street, adds to overall institutional appeal.<\/p>\n<p dir=\"ltr\">In terms of fees, Invesco\u2019s filing shows a six-month fee waiver with up to $5 billion in assets for its ETF.\u00a0<\/p>\n<p dir=\"ltr\">Meanwhile, Fidelity has outlined a 0.39% fee. According to senior ETF analyst Eric Balchunas, there\u2019s likely to be tough competition among the issuers, leading to some kind of \u201cprice war\u201d.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Yes.. told ya&#8217;ll the fee war would break out bf the starting gun even went off. And it won&#8217;t ever end. This is normal life in the ETF Terrordome tho, the crypto exchange mind cannot comprehend this. <a href=\"https:\/\/t.co\/5Am76DHzAi\">https:\/\/t.co\/5Am76DHzAi<\/a><\/p>\n<p>\u2014 Eric Balchunas (@EricBalchunas) <a href=\"https:\/\/twitter.com\/EricBalchunas\/status\/1740864723850285214?ref_src=twsrc%5Etfw\">December 29, 2023<\/a><\/p>\n<\/blockquote>\n<h2 dir=\"ltr\">Pullix eyes leading role in DeFi with hybrid exchange<\/h2>\n<p dir=\"ltr\">Pullix, which seeks to bring the best of centralised and decentralised exchanges to the crypto market, is a hybrid exchange built on the Ethereum blockchain.<\/p>\n<p dir=\"ltr\">With community ethos and security as core pillars (the latter encompassed via self-custody for users\u2019 digital assets), Pullix is likely to emerge as the DeFi industry\u2019s solution to its biggest problem: liquidity.<\/p>\n<p dir=\"ltr\">Pullix\u2019s unified platform will combine the allure of having both a user-friendly and secure trading environment with an innovative approach to liquidity provision. Anyone using the platform can contribute to liquidity as they trade, earning instant rewards in the native PLX token.<\/p>\n<p dir=\"ltr\">The community will also earn rewards in $PLX for adding to ecosystem liquidity through staking and yield farming. Other than this, a share of daily revenue, competitive prices, zero commission trades and tight spreads add up to an impressive list of benefits and incentives for $PLX holders.<\/p>\n<p dir=\"ltr\">Users looking for a great platform for the above, among other passive income opportunities might want to <a href=\"https:\/\/pullix.io\/?utm_source=Coinjournal&amp;utm_medium=PR&amp;utm_campaign=1922\" rel=\"noopener noreferrer\" target=\"_blank\">learn more<\/a> about Pullix\u2019s unique \u201cTrade-to-Earn\u201d feature.<\/p>\n<h2 dir=\"ltr\">PLX token sale hits $2 million milestone<\/h2>\n<p dir=\"ltr\">Amid the excitement and positivity surrounding the SEC\u2019s potential approval of a first spot Bitcoin ETF, Pullix\u2019s new crypto project has been making waves of its own. A hybrid exchange model, community-driven ecosystem and robust tokenomics highlight why Pullix is likely poised redefine DeFi.<\/p>\n<p dir=\"ltr\">As it heads towards its launch and potential dominance in the DeFi space, its $PLX token sale has attracted over $2 million.<\/p>\n<p dir=\"ltr\">Currently in stage 5, $PLX has increased its value from the initial presale price of $0.04 to $0.07. If you are looking to buy it low, the presale may present the best chance for that.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/jpmorgan-named-ap-in-final-bitcoin-etf-filings-pullix-traction-hits-2m-milestone\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Bitcoin ETF applicants submit S-1 filings as euphoric market pours into Pullix presale JPMorgan, Jane Street named brokers in Bitcoin ETF S-1 filings. Pullix presale has attracted more than $2 million just weeks after its launch. The countdown to the first spot Bitcoin [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":25356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25355"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=25355"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25355\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/25356"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=25355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=25355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=25355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}