The US Securities and Exchange Commission (SEC) may decide to launch the spot ETF on Bitcoin this week, considering that BlackRock’s application seems to be the favorite.
This is reported by Bloomberg Intelligence, which also states that these days are decisive.
The SEC could give an answer on Bitcoin ETF applications from BlackRock and others these days
Bloomberg Intelligence said that the highly anticipated launch of a spot ETF on Bitcoin in the US could happen before Labor Day, which is before 4 September.
This means that these are decisive days to see the US Securities and Exchange Commission (SEC) answer the relevant questions.
Specifically, Bloomberg Intelligence predicts that the first to be considered on the day tomorrow will be Bitwise‘s Bitcoin spot ETF application. Then to follow on Saturday will be the decision on the other applications submitted by BlackRock, Invesco, WisdomTree and VanEck.
As such, the situation for spot ETFs on Bitcoin in the US will alrea
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