The United States Securities and Exchange Commission, or SEC, may soon approve an application from crypto-asset manager Valkyrie for a Bitcoin (BTC) exchange-traded fund, or ETF, with the shares to be listed on the Nasdaq Stock Market.

According to an Oct. 15 notice from the SEC, the agency has accepted the registration request for shares of Valkyrie’s Bitcoin Strategy ETF for listing on Nasdaq. In a letter from Nasdaq’s vice president of listing qualifications, Eun Ah Choi — filed the same day — the exchange said Valkyrie’s Bitcoin ETF shares had been certified.

Related: New tickers and ARK filing shows Bitcoin futures ETF approval imminent: Analyst

In its Aug. 11 prospectus with the SEC, Valkyrie said its Bitcoin Strategy ETF would offer indirect exposure to the crypto asset with cash-settled futures contracts. The contracts will be purchased using a Cayman Islands-based subsidiary wholly owned by the fund with exchanges registered with the U.S. Commodity Futures Trading Commission.

The deadline for the SEC to officially approve Valkyrie’s ETF application is Oct. 25, but this could be extended to December. The federal agency is currently considering applications for Bitcoin futures ETFs from VanEck, ProShares, Invesco and others.

This story is developing and may be updated.