Bloomberg analyst reveals real looking approval date for Bitcoin ETF

Bloomberg analyst reveals real looking approval date for Bitcoin ETF

Bloomberg analyst James Seyffarth believes the SEC will as soon as once more delay a call on spot Bitcoin (BTC) ETFs.

Seyffarth believes that Hashdex and Franklin and International X ETF (Nov. 21) choices, whose subsequent deadline is Nov. 17, will probably be delayed. Nevertheless, Seyffart nonetheless believes there’s a 90% probability that spot BTC ETFs will probably be authorised earlier than January 1. 10, 2024.