Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Galaxy Digital CEO: Bitcoin spot ETF is expected to be approved before January 10 next year

Galaxy Digital CEO: Bitcoin spot ETF is expected to be approved before January 10 next year

CointimeCointime2023/12/20 08:17
By:Cointime

Galaxy Digital CEO Michael Novogratz recently interviewed by CNBC expressed confidence in the US SEC's imminent approval of Bitcoin spot ETF. Novogratz said: "We will see this ETF before January 10, 2024. This is Gensler's deadline before getting involved with Grayscale and litigation." It is currently unclear whether Novogratz specifically refers to Grayscale's application to convert GBTC to Bitcoin ETF or other Bitcoin spot ETF applications submitted by other financial institutions. Meanwhile, Grayscale CEO Michael Sonnenshein said that the SEC needs to approve various Bitcoin ETF applications at the same time to avoid giving any issuer a first-mover advantage.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Ethereum (ETH) Soars Above $2000; What’s Next?

CryptoNewsNet2025/05/09 00:12

38% Dogecoin Rebound, Cardano Tests AI Limits, But Unstaked’s AI Advantage Steals the Show

Dogecoin (DOGE) jumps 38%, and Cardano (ADA) launches an AI testnet, but Unstaked’s advanced AI agents go beyond marketing, offering real impact and value.Dogecoin (DOGE) Future: Aiming for $3.94 with MomentumCardano (ADA) Blockchain Tests AI ScalabilityUnstaked: AI That Goes Beyond MarketingFinal Take: Real AI Utility vs. Hype

Coinomedia2025/05/08 21:11
38% Dogecoin Rebound, Cardano Tests AI Limits, But Unstaked’s AI Advantage Steals the Show