avatar

BlackRock Spot Bitcoin ETF Approval Is "Question of When, Not If", Business Insiders Say

BlackRock Spot Bitcoin ETF Approval Is "Question of When, Not If", Business Insiders Say
Bitcoin, Source: unsplash

Galaxy CEO Mike Novogratz said on an earnings call this morning that, according to contacts from BlackRock and from Invesco, the approval of spot Bitcoin ETFs is "a question of when, not if", and will probably be realized within the next four to six months.

Last month, the US Securities and Exchange Commission (SEC) started review of six spot Bitcoin ETF applications. The initial deadline for the decision is 45 days, but it can be extended up to 240 days.

To learn more about spot Bitcoin ETFs, please visit: Journey to Spot Bitcoin ETFs

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Bitcoin

In This Article

Related News
Trump makes over $57 million from WLFI sales, Truth Social files for Bitcoin and Ethereum combo ETF, and more Trump makes over $57 million from WLFI sales, Truth Social files for Bitcoin and Ethereum combo ETF, and more
FalconX partners with Standard Chartered to boost crypto offerings for institutional clients FalconX partners with Standard Chartered to boost crypto offerings for institutional clients
Bitcoin dominates global crypto funds' $882 million weekly inflows as Sui outperforms major altcoin products Bitcoin dominates global crypto funds' $882 million weekly inflows as Sui outperforms major altcoin products
Riot Platforms sells mined bitcoin for first time since January 2024, nets $38.8 million Riot Platforms sells mined bitcoin for first time since January 2024, nets $38.8 million
Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling
Latest News More More
1 Day Ago Kraken offers bitcoin ‘staking’ yield via Babylon without wrapping or lending
June 13 XRP Ledger adopts USDC one week after Circle goes public
June 13 Wall Street back-office giant DTCC mulls stablecoin integration: report
June 10 Foresight Ventures Report Shows a Pendulent Shift of Over 32,000 Global Merchants Accepting Crypto Payment
June 9 Hyperliquid hits record $248 billion perp volume in May, capturing over 10% of Binance flow

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open