TechCrunch senior crypto reporter Jacquelyn Melinek claimed on Jan. 4 that regulators will approve more than one spot Bitcoin ETF at once.
Melinek posted to Twitter/X:
“[I have] heard from sources extremely close to the matter that the bitcoin spot ETF is going to be approved by the SEC for multiple firms’ applications.”
Though simultaneous spot Bitcoin ETF approvals have been expected, past reports have been speculative rather than definite.
Ark Invest CEO and CIO Cathie Wood, whose firm is leading one spot Bitcoin ETF application, notably suggested in August that multiple approvals are likely to occur simultaneously due to similarities between various applications. It should also be noted that the SEC has approved other crypto-related ETFs, such as Bitcoin and Ethereum futures ETFs, in close succession or days apart.
ETF approval on Friday is possible
Melinek added that she is “expecting something tomorrow” but did not clarify whether her sources suggested an ETF approval
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