SEC filings mentioning Bitcoin soar to record highs
With the rising hype around the United States Securities and Exchange Commission (SEC) possibly approving the first-ever spot Bitcoin (BTC) exchange-traded fund (ETF), the regulatory filings mentioning the word ‘Bitcoin’ have also soared. Specifically, companies have submitted 1,074 documents mentioning the decentralized finance (DeFi) asset in November, representing a record number of such filings in a single month and an increase of 35.1% from November 2022, as per data shared by The Block on December 5. At the same time, this figure is 32.6% higher than the previous record of 810 set in May 2023, whereas it also indicates a 100% increase month-over-month from October 2023, which saw 527 regulatory filings mentioning the maiden cryptocurrency, the blockchain analytics company said. Number of Bitcoin mentions in SEC filings. Source: The Block However, in the words of The Block research analyst Rebecca Stevens, the October comparison is not really fair “since November is a quar...