Spot bitcoin ETF approvals are a done deal, the only question is how the market will react.
The co-founder of crypto manager Valkyrie Steven McClurg today said the SEC will approve the ETF sometime after the market closes on Wednesday with trading beginning on Thursday. They have a pending approval for a spot bitcoin ETF with the ticker BRRR.
Short-lived White House spokesman and crypto investor Anthony Scaramucci is also out saying the same thing.
If sources aren’t your thing, then consider what Bloomberg ETF reporter Eric Balchunas is arguing:
The idea that [SEC Chairman Gary Gensler] would make his Staff work countless hours with 11(!)…
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