Bsatoshi news, on December 13, US ETF expert Nate Geraci stated on his social platform that he had communicated with Valkyrie Funds co-founder Steven McClurg. The other party said that he had had a very detailed dialogue with the SEC on the structure of the Bitcoin spot ETF. And "very close" to a consensus. The Bitcoin Spot ETF is expected to create new fund shares in cash.
In addition, Nate Geraci said that the product preparations and back-end infrastructure for the ETF launch are in place, and the SEC may approve a Bitcoin spot ETF any time after January 2. #BRC20 #BTC #etf