Fox: Large asset management firms believe the U.S. SEC will approve the first spot Bitcoin ETF in early January
A large fund management company believes that the US Securities and Exchange Commission (SEC) will approve the first Bitcoin ETF in early January, creating a historic moment for cryptocurrency. Sources close to these companies have stated that SEC officials have recently provided guidance indicating that they are likely to give the green light before January 10, 2024. This is the final deadline for the SEC to approve or reject the first company seeking SEC approval for a Bitcoin ETF: Cathie Wood's Ark Investment Management in partnership with 21Shares.
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