The approval of a Bitcoin ETF (Exchange-Traded Fund) by the U.S. Securities and Exchange Commission (SEC) is highly anticipated. According to recent reports, Bitcoin Spot ETFs are likely to receive the SEC’s approval as early as this week². The SEC is nearing a January 10, 2024 deadline for deciding on various spot Bitcoin ETF applications⁵³. This decision could potentially reshape how investors interact with Bitcoin, offering a regulated and more accessible avenue for exposure to this digital asset⁵. However, please note that this information is subject to change and it’s always best to check the latest updates from reliable sources.
Source: Conversation with Bing, 10/01/2024
(1) Bitcoin Spot ETF could see SEC greenlight, Grayscale Investments files amended S-3 sets 1.5% fee. https://www.fxstreet.com/cryptocurrencies/news/bitcoin-spot-etf-could-receive-sec-greenlight-this-week-btc-price-eyes-gains-202401080600.
(2) Here’s the List of Bitcoin ETFs Waiting Approval in January 2024. https://beincrypto.com/bitcoin-etfs-waiting-approval-deadlines/.
(3) Bitcoin Spot ETFs Approval Nears as SEC Makes Final Tweaks – FX Empire. https://www.fxempire.com/news/article/bitcoin-spot-etfs-approval-nears-as-sec-makes-final-tweaks-1401095.
(4) What Bitcoin ETF approval could mean for Coinbase and MicroStrategy stock. https://cointelegraph.com/news/bitcoin-etf-coinbase-microstrategy-stock.
(5) The Bitcoin ETF Approval: Full Coverage – CoinDesk. https://www.coindesk.com/etf/bitcoin-etf/.