Fidelity and other spot bitcoin ETF issuers jockey for an early advantage to attract investors, ahead of reported SEC approvals to launch as soon as January 10
As the Securities and Exchange Commission appears on the precipice of approving the first wave of Bitcoin ETFs …
Fortune Leo Schwartz
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Discussion
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@ericbalchunas
Eric Balchunas
on x
New Grayscale amendment just dropped. Clear language on cash only but still no AP named, just blanks where name should go. Not sure why since SEC wants to see it and they have been pretty cocksure about having one. Also, nothing on fee (that I could see). That's big open q too. […
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@wublockchain
Wu Blockchain
on x
Bloomberg ETF analyst Eric Balchunas said there is a 10% chance that the spot Bitcoin ETF will temporarily fail to pass this month, and the U.S. SEC will say it wants more time rather than reject it outright. If rejected directly, fund issuers may launch lawsuits against the SEC.…
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@timccopeland
Tim Copeland
on x
Bro they've been predicting 90% approval for ages now. Guess where the 10% comes from
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@apompliano
@apompliano
on x
Bitcoin rose out of the ashes of the Global Financial Crisis and Wall Street is finally capitulating. Regulators should approve all of the ETF applications simultaneously and let the free market decide the winner. Here is my full appearance with @LizClaman today. [video]