21Shares President: Addition of revised documents indicates spot Bitcoin ETF is about to be approved
Ophelia Snyder, the CEO of 21Shares, stated to Bloomberg that various fund issuers are revising proposals for a physical Bitcoin ETF, indicating that the product may soon be approved. Snyder said, "Everyone is watching this game every minute and every day... Is it today or tomorrow? I think it's a challenging way to look at this issue. I think the most obvious sign is that we are breaking the pattern. This is really positive because changes in behavior can actually lead to changes in results, which is really exciting."
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
Kaspersky Discovers SparkCat Malware Targeting Crypto Recovery Phrases
Arbitrum’s Balancer V3 is now live
Evaluating Probability of Ethereum Breaching the $4K Milestone Soon
Ethereum's Potential Bull Run Versus Existing Downward Forces: The Battle for the $4K Mark
What Stage of the Bitcoin Bull are We in? Are We Nearing The End Or Are We Just Getting Started?
Which stage of the bull run are we in in Bitcoin, the world's largest cryptocurrency? Are we nearing the end of the bull run? Here is the analyst forecast.
Trending news
MoreCrypto prices
More
