đšBitcoin Spot ETF Approval by January 10 Next Looks Highly Likelyđš
With the USđ SEC opting not to appeal the Grayscale Investments case, amid ongoing application amendments, experts believe the approval of spot Bitcoin ETF is a matter of when and not if.đ
With the United States controlling approximately 25 percent of global economic activities, the countryâs decisions on the cryptocurrency market are closely monitored by investors from all over the world. Specifically, the decision on the spot Bitcoin exchange-traded funds (ETFs) is on every crypto investorâs watchlistđ amid the mainstream adoption of digital assets. Furthermore, the spot Bitcoin ETF will open floodgates for institutional funds seeking to hedge against high fiat inflation.đ
Additionally, Bitcoin has proved to be a better investment vehicle than traditional instruments like precious metals, treasury bonds, and stock market indexes.đ
