BlackRock Spot Bitcoin ETF Approval Is "Question of When, Not If", Business Insiders Say

BlackRock Spot Bitcoin ETF Approval Is "Question of When, Not If", Business Insiders Say
Bitcoin, Source: unsplash

Galaxy CEO Mike Novogratz said on an earnings call this morning that, according to contacts from BlackRock and from Invesco, the approval of spot Bitcoin ETFs is "a question of when, not if", and will probably be realized within the next four to six months.

Last month, the US Securities and Exchange Commission (SEC) started review of six spot Bitcoin ETF applications. The initial deadline for the decision is 45 days, but it can be extended up to 240 days.

To learn more about spot Bitcoin ETFs, please visit: Journey to Spot Bitcoin ETFs

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Bitcoin

In This Article

Related News
MicroStrategy, Metaplanet Want Billions More in Bitcoin as BTC Nears $100K MicroStrategy, Metaplanet Want Billions More in Bitcoin as BTC Nears $100K
MicroStrategy Buys a Further 2,138 BTC, Adding to Stash for 8th Consecutive Week MicroStrategy Buys a Further 2,138 BTC, Adding to Stash for 8th Consecutive Week
Six Bitcoin Mutual Funds to Debut in Israel Next Week: Report Six Bitcoin Mutual Funds to Debut in Israel Next Week: Report
MicroStrategy Buys a Further 5,262 BTC as Stock Joins Nasdaq 100 MicroStrategy Buys a Further 5,262 BTC as Stock Joins Nasdaq 100
Metaplanet continues bitcoin buying spree with latest $61 million purchase Metaplanet continues bitcoin buying spree with latest $61 million purchase
Latest News More More
18 Hours Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
18 Hours Ago Fetch.ai launches $10M accelerator for AI agent startups
1 Day Ago Fidelity’s spot bitcoin, ether ETFs post largest daily net outflows since inception
1 Day Ago Polkadot-based Phala Network launches Ethereum Layer 2 rollup
2 Days Ago Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open