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ETF Expert Predicts All Spot Bitcoin ETFs Will Get Approval at Same Time
As the crypto community gears up for the arrival of the first spot Bitcoin ETF in the coming months, analysts have been sharing interesting predictions ahead. Expert in crypto ETFs Stuart Barton, the Chief Investment Officer of Volatility Shares, anticipates that all spot Bitcoin exchange-traded fund (ETF) applications submitted to the US Securities and Exchange Commission (SEC) might be approved simultaneously.
Notably, Barton’s company, Volatility Shares, achieved a significant milestone by launching the first leveraged crypto ETF in the US, the 2x Bitcoin Strategy ETF (BITX), in June. Additionally, Volatility Shares was the first to apply for an ether (ETH) futures-based ETF. Despite the SEC’s lack of approval for prior applicants in this space, other companies followed Volatility Shares in pursuing ether futures ETFs.
But despite the SEC approval, Barton’s team didn’t proceed with launching
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