Multiple spot Bitcoin ETFs will be approved, TechCrunch’s inside sources say
Reporter Jacquelyn Melinek said she is "expecting something" Friday.
TechCrunch senior crypto reporter Jacquelyn Melinek claimed on Jan. 4 that regulators will approve more than one spot Bitcoin ETF at once.
Melinek posted to Twitter/X:
“[I have] heard from sources extremely close to the matter that the bitcoin spot ETF is going to be approved by the SEC for multiple firms’ applications.”
Though simultaneous spot Bitcoin ETF approvals have been expected, past reports have been speculative rather than definite.
Ark Invest CEO and CIO Cathie Wood, whose firm is leading one spot Bitcoin ETF application, notably suggested in August that multiple approvals are likely to occur simultaneously due to similarities between various applications. It should also be noted that the SEC has approved other crypto-related ETFs, such as Bitcoin and Ethereum futures ETFs, in close succession or days apart.
ETF approval on Friday is possible
Melinek added that she is “expecting something tomorrow” but did not clarify whether her sources suggested an ETF approval on that date.
Other reporters from FOX Business have predicted that the SEC will announce approvals on Friday, Jan. 5, despite a deadline five days later.
Other developments that point to incoming approval. Several applicants have filed 8-A registration statements with the U.S. Securities and Exchange Commission (SEC), including Grayscale, VanEck, and Fidelity on Jan. 4.
The SEC also met with three exchanges tasked with listing those ETFs — Nasdaq, NYSE, and Cboe BZX — on Jan. 3 to finalize comments, according to FOX Business journalist Eleanor Terret. Bloomberg ETF analyst Eric Balchunas commented that the finalization of comments means that the approval process appears complete but that additional filings are due.
If the SEC does not announce a spot Bitcoin ETF approval on Friday, it must decide on an application from Ark Invest by Jan. 10. Though the SEC can reject applications, Bloomberg ETF analysts believe there is a 90% chance that one or more ETFs will be approved by Ark’s Jan. 10 deadline.
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
Ethereum Staking Weekly Report December 1, 2025
🌟🌟Core Data on ETH Staking🌟🌟 1️⃣ Ebunker ETH staking yield: 3.27% 2️⃣ stETH...
The Blood and Tears Files of Crypto Veterans: Collapses, Hacks, and Insider Schemes—No One Can Escape
The article describes the loss experiences of several cryptocurrency investors, including exchange exits, failed insider information, hacker attacks, contract liquidations, and scams by acquaintances. It shares their lessons learned and investment strategies. Summary generated by Mars AI This summary was produced by the Mars AI model, and the accuracy and completeness of its generated content are still in the process of iterative improvement.
Mars Morning News | Federal Reserve officials to advance stablecoin regulatory framework; US SEC Chairman to deliver a speech at the New York Stock Exchange tonight
Federal Reserve officials plan to advance the formulation of stablecoin regulatory rules. The SEC Chair will deliver a speech on the future vision of capital markets. Grayscale will launch the first Chainlink spot ETF. A Coinbase executive has been sued by shareholders for alleged insider trading. The cryptocurrency market fear index has dropped to 23. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still in the process of iterative updates.
OECD's latest forecast: The global interest rate cut cycle will end in 2026!
According to the latest forecast from the OECD, major central banks such as the Federal Reserve and the European Central Bank may have few "bullets" left under the dual pressures of high debt and inflation.
Trending news
MoreCrypto prices
More
