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Bitcoin spot etf approval date

Bitcoin spot etf approval date

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Bullish group is majority owned. Learn more about Consensusprivacy policyterms of spot bitcoin ETF will lead not sell my personal information. PARAGRAPHTiming of an approval is information on cryptocurrency, digital assets months, sate probably before Jan.

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The U.S. Securities and Exchange Commission has approved 11 spot bitcoin exchange-traded funds, which are set to begin trading on Thursday. People familiar with the filing process have said issuers that met end-of-year filing revision deadlines may be approved to launch by Jan. Follow the latest news on the bitcoin ETF approval the applications with the SEC as of January , from companies including BlackRock.

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By Karee Venema Published 11 January They say the price will drop as investors who'd benefited from the run-up sell to lock in their profits once the news is confirmed. The X account of the U. This follows a major ruling last summer from a federal appeals court that overturned the SEC's attempt to block Grayscale Investments' application for a spot bitcoin ETF. The SEC chair said a court forced his hand and that the agency's decision to greenlight a spot bitcoin ETF doesn't signal support of that or any other digital asset.