The post SEC Bitcoin ETF Approvals Could Arrive by January, Analysts Predict appeared first on Coinpedia Fintech News
The long-awaited approval of spot bitcoin exchange-traded funds (ETFs) in the U.S. may still be on track for the near future, according to analysts eyeing the SEC’s actions.
ETF expert Nate Geraci points out that a brief window has opened where the Securities Exchange Commission could issue initial approval orders for bitcoin ETF rule changes. These 19b-4 approvals are required before any Bitcoin ETFs can be listed for trading.
While the SEC wouldn’t launch any ETFs now, issuing the orders in batches would signal eventual approval and prevent perceptions of favoritism, Geraci explains. This window closes on November 17th, when new filings enter public comment, preventing inclusion in early approvals.
Bitcoin ETF analysts eye January
Bloomberg ETF analyst James Seyffart agrees the SEC seems poised to approve spot bitcoin ETFs jointly. However, he believes final appro
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