Home Peer to Peer Lending Fintech Nexus Publication (January 4, 2024): Spot Bitcoin ETF: Will it or will not or not it’s accredited?

Fintech Nexus Publication (January 4, 2024): Spot Bitcoin ETF: Will it or will not or not it’s accredited?

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Fintech Nexus Publication (January 4, 2024): Spot Bitcoin ETF: Will it or will not or not it’s accredited?

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The recent subject in finance within the first week of the yr is the potential approval of a Bitcoin ETF.

With a January 10 deadline looming the place the SEC should resolve whether or not or to not approve the spot Bitcoin ETF, the massive gamers are lining up their choices.

There are 12 issuers vying for a Bitcoin ETF approval together with a number of the greatest names in conventional finance: BlackRock, Constancy, and Franklin Templeton.

We heard information yesterday that the CBOE has granted Constancy a ticker image (FBTC) and accredited the itemizing pending the SEC choice. The value of bitcoin has been fairly unstable forward of this groundbreaking choice.

In fact, the SEC could reject it as soon as once more and say it wants extra time. However the crypto world is optimistic that the time is now. It will likely be a historic second for the business though we shouldn’t overlook that Canada accredited their first spot Bitcoin ETF, the world’s first, in February 2021 and has develop into a number one world participant.

Keep tuned, we can have extra when the SEC makes their choice.


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  • Peter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s largest digital media firm centered on fintech. Peter has been writing about fintech since 2010 and he’s the writer and creator of the Fintech One-on-One Podcast, the primary and longest-running fintech interview collection.



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