Possible Early Approval for Bitcoin Spot ETF by SEC

Bitget App

Trade smarter

Cointime2024/01/05 02:12

By:Cointime

There are indications that the U.S. Securities and Exchange Commission (SEC) may approve spot Bitcoin ETF applications as early as January 5, 2024, although the exact timeline for approval and launch is uncertain. Traders and investors generally expect approval before January 10, 2024. The SEC has held meetings with several ETF filers, including Blackrock and Grayscale, and Cathie Wood, CEO of Ark Invest, expressed confidence in an approval in January 2024. Bloomberg analyst James Seyffart predicts a gap of only a few days between approval and trading commencement, which could lead to a bullish wave in the Bitcoin market ahead of the Q2 2024 halving event.

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.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Share link:In this post: Treasury Secretary Scott Bessent defends DOGE’s access to sensitive payment data, claiming it could save billions in government spending. Privacy advocates and Democratic lawmakers are raising serious concerns about potential data misuse and security breaches. DOGE’s partial access to Treasury systems has sparked legal challenges, with lawsuits arguing it could interfere with vital federal payments.

Cryptopolitan•2025/02/19 10:33

Trump and Elon Musk discuss friendship, lawsuits, and power struggles in Sean Hannity interview

Share link:In this post: Trump and Elon Musk sat down with Sean Hannity to discuss their unexpected friendship and how the media tries to drive them apart. Elon defended Trump, calling the media’s negative coverage “outrageous” and praised Trump’s integrity. Trump revealed how Elon helped enforce executive orders that were being blocked by government bureaucracy.

Cryptopolitan•2025/02/19 10:33