FOX Business Senior Correspondent Charles Gasparino reports that the long-awaited spot Bitcoin exchange-traded fund (ETF) is indeed a “done deal” and is scheduled to begin trading this Thursday.
This confirmation from FOX Business confirms that final approval has been granted for the Spot Bitcoin ETF and solidifies initial speculation that a jump into the realm of regulated investments for Bitcoin is imminent.
The potential start of trading on Thursday would mark a watershed moment for the Bitcoin industry, providing a gateway for both institutional and retail investors to access BTC exposure through traditional financial instruments.
It is important to note that, as of this writing, the SEC has not yet officially approved a spot Bitcoin ETF. However, with the approval or rejection decision being made tomorrow, industry experts expect the ETF to be approved.
As the countdown begins towards tomorrow’s expected approval and potential launch on Thursday, there is excitement among market participants eager to witness this historic milestone that will reshape the dynamics of Bitcoin investment and potentially pave the way for Bitcoin’s institutional adoption. has grown.