There appears to be consensus that Bitcoin ETF approval is now nearly done deal
that the approval for a spot Bitcoin exchange-traded fund is nearly certain. They see a whopping 90% chance of such a product being approved by Jan. 10, 2024.their spot BTC ETF application have caught the attention of industry insiders. Bloomberg analysts point to these updates as evidence of a"constructive conversation" with the U.S. Securities and Exchange Commission . Such dialogue is generally seen as a positive indication of impending ETF approval.
Such an ETF would provide a more straightforward mechanism for investing in Bitcoin without the complexities and potential security concerns of direct cryptocurrency ownership or managing digital wallets. Furthermore, this legitimization could catalyze greater mainstream adoption.Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
SEC doesn't plan to appeal court ruling on Grayscale spot bitcoin ETF: ReutersThe SEC is not planning to appeal a high-profile ruling involving Grayscale Investments, Reuters reported on Friday.
Leer más »
SEC will not appeal court ruling on Grayscale GBTC conversion to spot Bitcoin ETFBitcoin spot exchange-traded fund (ETF) has been in demand for a very long time now. The lack of clarity regarding such investment products led to man
Leer más »
Bitcoin price surges as SEC misses appeal deadline for Grayscale GBTC conversion to spot BTC ETFBitcoin (BTC) price is trading with a bullish bias, holding above a crucial support level into the weekend as chatter about Bitcoin exchange-traded fu
Leer más »
US SEC does not plan to appeal court decision on Grayscale bitcoin ETF -sourceUS SEC does not plan to appeal court decision on Grayscale bitcoin ETF -source
Leer más »
Ethereum losing streak vs. Bitcoin hits 15 months — Can ETH price reverse course?Bitcoin ETF and halving buzz have boosted BTC's demand versus its top rival, Ethereum.
Leer más »
A Bitcoin ETF Gets a Major Boost as SEC Declines to Challenge CourtThe move is a victory for Grayscale Bitcoin Trust, which could soon be allowed to convert into an ETF.
Leer más »