While the cryptocurrency world waits for a Bitcoin spot ETF to be approved as soon as possible, new information has come from Bloomberg’s renowned ETF analyst James Seifert.
In information shared from his
The SEC will rule on the spot Bitcoin ETF applications of Hashdex and Franklin Templeton Companies on November 17 and Global X Company on November 21. Seifert said he expects the institute to make a stay decision on all 3 applications.
“Our opinion has not changed”
Saying that despite this postponement decision, his opinion is that spot ETFs will be approved at 90 percent by early 2024, Seifert said, “As Bloomberg analysts, the 90 percent approval rate we expected in January. Our opinion about him has not changed. 10, 2024.”
On the other hand, ARK Invest CEO Cathie Wood, who has strongly criticized the SEC and its Chairman Gary Gensler, said in an interview yesterday that Gensler’s postponement and rejection decisions may have been motivated by his aim to become US Treasury Secretary.
It was published: