Bloomberg ETF analyst: SEC may simultaneously approve all Bitcoin spot ETF applications
December 16th news, according to The Block, Bloomberg ETF analyst James Seyffart stated on The Scoop podcast that a Bitcoin spot ETF is likely to be approved before January 10th, 2024 because the ETF applications from Ark and 21Shares will reach their final deadline by then. The SEC has been strategically delaying in order to avoid giving one company a first-mover advantage. It is likely that the SEC will approve all applications simultaneously. However, Grayscale's ETF application is currently different from others and may not be approved immediately.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Former Federal Reserve Vice Chair Brainard: Supports Hawkish Rate Cuts to Address Inflation
Bitwise CIO predicts crypto market will grow 10 to 20 times in the next decade
10x Challenge Day 5: Will the Leaderboard Shift?
Trending news
MoreCrypto prices
More
