#Bitcoin #ETF is on the horizon 👀
The heat of the ETF situation has risen dramatically over the past few days with the looming deadline for the #SEC decision on whether to accept or reject spot Bitcoin ETFs ⏳
The most important ETF-related events of the last few days:
🔸 Senior #Bloomberg Analyst says "We have heard nothing to indicate anything but approval" for Spot Bitcoin ETF.
🔸 Goldman Sachs is reportedly in advanced talks to become an authorized participant for BlackRock and #Grayscale's Spot Bitcoin ETFs.
🔸 Matrixport’s latest report released a rare view that the SEC will reject all Bitcoin spot ETFs in January, and final approval may be achieved in Q2.
🔸 All spot Bitcoin ETF applicants submitted 19b-4 final amendments: #VanEc , #Bitwise, Fidelity, Franklin, Valkyrie, Hashdex, ArkInvest, Grayscale, BlackRock, WisdomTree, and Invesco Galaxy.
🔸 A survey showed only 39% of financial advisors expected a bitcoin ETF approval this year but 88% would be interested in buying BTC after approval.