Post
Topic
Board Bitcoin Discussion
Re: When do you think Bitcoin ETF will be approved?
by
LogitechMouse
on 22/12/2023, 02:22:01 UTC
I think it will be approved within Dec last.
What you guys think?
Based on this article: LINK
Quote
In a recent development, insider sources linked to FOX Business suggest that the SEC is poised to greenlight the first spot Bitcoin exchange-traded fund (ETF) by Jan. 10, 2024. This potential decision looms as a transformative milestone for the widespread acceptance of cryptocurrency within the U.S.
Although no specific company has been named in that article, we have an idea of when they will accept the possible first spot Bitcoin ETF. Many prominent companies have filed for a Spot Bitcoin ETF. Companies like Blackrock, Fidelity, VanEck, Bitwise, Fidelity, etc. Of course, I don't want to rely on that information alone, but my safest date on when the SEC will approve a spot Bitcoin ETF would be February of next year.