The Latest on Spot Bitcoin ETFs? ETF Analyst Shares Updates!
The post The Latest on Spot Bitcoin ETFs? ETF Analyst Shares Updates! appeared on BitcoinEthereumNews.com. – Advertisement – The broad crypto community, especially as the decision date approaches, eagerly anticipates the approval of the U.S. Securities and Exchange Commission’s (SEC) spot Bitcoin ETF. Seyffart recently announced that the SEC has a narrow window to either approve or reject a series of Bitcoin spot ETFs in the United States. In response to Seyffart’s post, Balchunas stated that they should expect more S-1 filing changes this week. While the crypto community maintains expectations for spot Bitcoin ETFs, renowned ETF analysts have shared information about the current situation. Current Status of Spot Bitcoin ETF Excitement The broad crypto community, especially as the decision date approaches, eagerly anticipates the approval of the U.S. Securities and Exchange Commission’s (SEC) spot Bitcoin ETF. Eric Balchunas and James Seyffart, ETF analysts at Bloomberg, have been prominent figures in discussions about the decisions regarding a series of spot Bitcoin ETF applications by the SEC. Both predicted a 90% likelihood of approval for the new product. Seyffart recently announced that the SEC has a narrow window to either approve or reject a series of Bitcoin spot ETFs in the United States. He specified that this window is currently between January 5 and January 10, 2024, indicating that approval could come before or during that week. In response to Seyffart’s post, Balchunas stated that they should expect more S-1 filing changes this week. Meanwhile, the analyst confirmed that there would be no updated 19b-4s due to the regulator requesting all potential Bitcoin ETF issuers to submit them offline. Hashdex, a crypto asset management company, was one of the latest companies to update its 19b-4 application with the SEC. BTC ETF Redemption Models There is also the topic of potential ETF redemption models. In particular, the institution’s Trading and Markets division held a meeting with some…
The post The Latest on Spot Bitcoin ETFs? ETF Analyst Shares Updates! appeared on BitcoinEthereumNews.com.
– Advertisement – The broad crypto community, especially as the decision date approaches, eagerly anticipates the approval of the U.S. Securities and Exchange Commission’s (SEC) spot Bitcoin ETF. Seyffart recently announced that the SEC has a narrow window to either approve or reject a series of Bitcoin spot ETFs in the United States. In response to Seyffart’s post, Balchunas stated that they should expect more S-1 filing changes this week. While the crypto community maintains expectations for spot Bitcoin ETFs, renowned ETF analysts have shared information about the current situation. Current Status of Spot Bitcoin ETF Excitement The broad crypto community, especially as the decision date approaches, eagerly anticipates the approval of the U.S. Securities and Exchange Commission’s (SEC) spot Bitcoin ETF. Eric Balchunas and James Seyffart, ETF analysts at Bloomberg, have been prominent figures in discussions about the decisions regarding a series of spot Bitcoin ETF applications by the SEC. Both predicted a 90% likelihood of approval for the new product. Seyffart recently announced that the SEC has a narrow window to either approve or reject a series of Bitcoin spot ETFs in the United States. He specified that this window is currently between January 5 and January 10, 2024, indicating that approval could come before or during that week. In response to Seyffart’s post, Balchunas stated that they should expect more S-1 filing changes this week. Meanwhile, the analyst confirmed that there would be no updated 19b-4s due to the regulator requesting all potential Bitcoin ETF issuers to submit them offline. Hashdex, a crypto asset management company, was one of the latest companies to update its 19b-4 application with the SEC. BTC ETF Redemption Models There is also the topic of potential ETF redemption models. In particular, the institution’s Trading and Markets division held a meeting with some…
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