It's all speculation as to when it will happen though. They said that it usually takes 2 years from the initial filing. It's been over 3 years.
The first modern gold ETF took nearly five years to be approved and I think it's safe to say more people are familiar with what gold is.
Oh yeah, and this arrived today -
https://www.gsx.gi/article/8292/gibraltar-stock-exchange-welcomes-bitcoineti