bitcoin spot exchange-traded funds (ETFs) could potentially begin live trading as soon as Thursday or Friday, with approval coming this Wednesday, sources close to the matter told CNBC.
This news comes amid intense anticipation for the launch of bitcoin spot ETFs, a major milestone that is expected to provide mainstream investors with a regulated avenue to gain direct exposure to bitcoin.
“Two sources close to the process tell me it looks like it will be Wednesday, which is also the deadline for Cathie Wood's bid for ARK and 21Shares.” saying CNBC anchor Kate Rooney. “Then they told me that the operations would take place on Thursday or Friday, but here it has been a moving target in terms of dates.”
The imminent possibility of live trading in these ETFs indicates a significant step forward in the integration of bitcoin into traditional financial markets. The CNBC report adds to the growing speculation surrounding the imminent introduction of these ETFs, which have been eagerly awaited by both institutional and retail investors.
If live trading were to begin as planned, it would mark a historic moment for the bitcoin industry, reflecting a seismic shift in the perception and adoption of btc among traditional investors.
While specific details and exact launch timing remain speculative, the potential realization of live bitcoin spot ETF trading signifies the culmination of rigorous regulatory assessments and market readiness, bringing bitcoin one step closer. towards greater acceptance and legitimacy within the financial landscape.
