All Spot-Bitcoin ETF Applications May be Approved Together, Crypto ETF Expert Predicts
Barton’s application expertise comes from a recent history of pulling off two regulatory firsts of sorts.
Barton’s application expertise comes from a recent history of pulling off two regulatory firsts of sorts.
Grewal said in a CNBC interview that the SEC approvals of the ETF applications could be coming soon.
Many market participants expect the SEC to greenlight the first U.S.-based spot bitcoin exchange-traded fund early next year.
Bitcoin forks led alternative token gains in the past 24 hours, outpacing major tokens.
The court that ordered the SEC to scrap its rejection of Grayscale’s spot bitcoin ETF application will set that ruling in stone by Monday.
Andy Baehr, head of CoinDesk Indices, discusses scenarios that could be the drivers of mass adoption in crypto.
The prediction is based on potential inflows of as much as $24 billion.
The bitcoin options market has flipped bullish across different timeframes since Monday’s erroneous ETF report.
Also, there’s a growing consensus that SEC approval of a spot bitcoin ETF is surely in the cards.
The fund’s shares have traded at a discount to NAV since December 2021.