The push for the first crypto spot ETF, particularly a Bitcoin spot ETF, gained momentum.

  • Claim

Name

The push for the first crypto spot ETF, particularly a Bitcoin spot ETF, gained momentum.

Types

Claim

Sources

November 2023 Crypto Market Forecast

Subclaims

Grayscale filed to convert its Bitcoin trust to a spot ETF.
Major firms like BlackRock and VanEck are awaiting SEC rulings on their Bitcoin spot ETFs.
The SEC has previously approved Bitcoin futures ETFs but denied spot ETFs.
Bloomberg Intelligence estimates a 90% chance of SEC Bitcoin spot ETF approval by January 10, 2024.

Tags

Crypto Market Developments 2023

Referenced by

November 2023 Crypto Market Forecast

Crypto

Article

Grayscale filed to convert its Bitcoin trust to a spot ETF.

Crypto

Claim

The SEC has previously approved Bitcoin futures ETFs but denied spot ETFs.

Crypto

Claim