Bitcoin Spot ETF Options Could Arrive by Early Q4, Analyst Predicts

IconCryptoNewsTerminal Staff11 Jul, 2024

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Bitcoin Spot ETF Options Could Arrive by Early Q4, Analyst Predicts

Options for a physical Bitcoin ETF are not approved yet, but when they are, I wouldn't be surprised if it's as soon as early Q4": Bloomberg ETF analyst James Seyffart shared his insights on Twitter. The news comes as the Securities and Exchange Commission (SEC) continues to review several Bitcoin ETF applications. If approved, these ETFs would allow investors to gain exposure to Bitcoin without having to purchase the underlying asset directly. The potential approval of a Bitcoin spot ETF is seen as a major milestone for the cryptocurrency industry. It would provide investors with a more convenient and regulated way to invest in Bitcoin, which could lead to increased adoption and mainstream acceptance.

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