"Anticipation Rises for Imminent U.S. Decision on Spot Bitcoin ETFs"

1 min read
Source: Reuters.com
"Anticipation Rises for Imminent U.S. Decision on Spot Bitcoin ETFs"
Photo: Reuters.com
TL;DR Summary

The U.S. Securities and Exchange Commission (SEC) is close to approving spot bitcoin ETFs after last-minute discussions with issuers regarding final wording changes in the S-1 prospectus documents. If minor amendments are made by Monday, approval could come as early as next week. This would mark the first time spot bitcoin ETFs are approved in the U.S., following multiple rejections since 2013 due to concerns over market manipulation. Firms like BlackRock, Fidelity, and WisdomTree are among those awaiting the SEC's decision.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

2 min

vs 3 min read

Condensed

83%

47681 words

Want the full story? Read the original article

Read on Reuters.com