Home Bitcoin Spot ETF Approval Odds Increasing

Bitcoin Spot ETF Approval Odds Increasing

Share
Share

Bitcoin Spot ETF Approval Odds Increasing

Industry experts predict a rise in the likelihood of the Securities and Exchange Commission (SEC) approving a spot-based Bitcoin exchange-traded fund, following the approval of America’s first Ethereum futures ETFs. This confidence is bolstered by the recent approval of America’s first ETFs.

Crypto trader Alex Krüger predicts a 70% chance of spot Bitcoin ETF approval in January, stating that it is tradable. He compared crypto traders to ‘Selling the News’ professionals, stating that selling the news requires front-running.

ETF store President Nate Geraci emphasized the launch of Ether futures ETF despite the anticipated approval of spot ETFs in the near future.

Crypto Rover and “Bitcoin Therapist” predict that the SEC will be forced to accept a spot Bitcoin ETF after Ripple’s partial victory against the SEC. They believe the SEC will continue to use the crypto fraud scapegoat, but the approval of the ETF is expected to generate trillions of dollars.

Former BlackRock director claims SEC will approve spot Bitcoin ETFs within three to six months, with potential capital inflows of up to $200 billion. Bloomberg ETF expert Eric Balchunas announced that the SEC’s appeal deadline is October 13, and spot filings are expected to be delayed until January 3.

(With inputs from Shikha Singh)

Share

Latest News

News
NYSE Parent ICE Invests $2B In Polymarket | 3.0 TV (3versetv)

NYSE Parent ICE Invests $2B In Polymarket At $9B Valuation

Intercontinental Exchange, the owner of the New York Stock Exchange, has made a $2 billion investment in the crypto-powered prediction platform Polymarket,...

News
BNY Mellon Trials Blockchain Deposits To Modernize Payment System | 3.0 TV (3versetv)

BNY Mellon Trials Blockchain Deposits To Modernize $2.5T Payment System

Bank of New York Mellon, which oversees $55.8 trillion in assets under custody, is piloting tokenized deposits to overhaul its $2.5 trillion...

News
SEC Targets 2025 Launch For Crypto Innovation Exemption Framework | 3.0 TV (3versetv)

SEC Targets 2025 Launch For Crypto Innovation Exemption Framework

U.S. Securities and Exchange Commission Chair Paul Atkins has unveiled plans to introduce a new “innovation exemption” by late 2025, aiming to...

News
Vietnam To License Only Five Crypto Exchanges | 3.0 TV (3versetv)

Vietnam To License Only Five Crypto Exchanges In Pilot Program Before 2026

Vietnam’s Ministry of Finance has confirmed plans for a limited cryptocurrency-exchange pilot program that will authorize no more than five operators before...

Latest Blogs

Bitcoin Spot vs. Derivatives Trading: What’s the Difference?

Why This Matters for Traders? Bitcoin traders who want to start trading need to understand the distinction between spot trading and derivatives...

Crypto Job Scams: How Hackers Trick Applicants and How to Stay Safe

The Rise of Crypto Job Fraud The rising interest in cryptocurrencies and blockchain technology has attracted scammers who exploit job seekers’ enthusiasm...

How Hackers Use Fake Phones to Steal Your Crypto?

Overview of Fake Phone Crypto Scams Smartphone adoption for financial management has led to sophisticated scams targeting crypto users who remain unaware...

Can AI Bots Steal Your Crypto?

The Rise of AI in Cybercrime: AI Stealing Crypto The advancement of technology in cybercrime has created a paradox because improved technology...

Related Articles

Bitcoin Spot vs. Derivatives Trading: What’s the Difference?

Why This Matters for Traders? Bitcoin traders who want to start trading...

Crypto Job Scams: How Hackers Trick Applicants and How to Stay Safe

The Rise of Crypto Job Fraud The rising interest in cryptocurrencies and...

How Hackers Use Fake Phones to Steal Your Crypto?

Overview of Fake Phone Crypto Scams Smartphone adoption for financial management has...

Can AI Bots Steal Your Crypto?

The Rise of AI in Cybercrime: AI Stealing Crypto The advancement of...