Charles Gasparino, FOX senior business correspondent, has reported that the long-awaited bitcoin spot exchange-traded funds (ETFs) are indeed a “done deal,” with trading scheduled to begin this Thursday.
This confirmation from FOX Business consolidates previous speculation, stating that the final green light for bitcoin Spot ETFs has been given, signaling an imminent leap into the regulated investment sphere for bitcoin.
The potential start of trading on Thursday would mark a watershed moment for the bitcoin industry, providing a gateway for institutional and retail investors to access exposure to btc through traditional financial instruments.
It is important to note that the SEC has not yet officially approved any spot bitcoin ETFs as of this writing. But with the approval or denial decision to be made tomorrow, industry experts expect the ETFs to be approved.
As the countdown begins toward tomorrow's expected approval and possible Thursday launch, anticipation is mounting among market participants, eager to witness this historic milestone that is set to reshape the dynamics of bitcoin investments and potentially pave the path to greater institutional adoption of bitcoin.
