<p><img src="https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-09/ffabdcf8-ca12-4b23-8dd6-06ac5f1e8595.jpg"></p><p>Several prominent financial institutions have filed for a spot Bitcoin product in recent months.</p>