- Market experts expect a spot Bitcoin ETF approval no later than January 10, 2024.
- Speculation also arises about spot Ethereum ETFs potentially debuting as early as May 2024.
- JPMorgan analysts share a similar prediction, expecting SEC approval for multiple spot Bitcoin ETF applications.
The much-anticipated arrival of a spot Bitcoin exchange-traded fund (ETF) in the United States is on the horizon, with market experts predicting that it could become a reality by no later than January 10, 2024.
In a recent discussion on Unchained Crypto, James Seyffart, market analyst at Bloomberg Intelligence, and Matt Hougan, CIO at Bitwise Asset Management, shared their optimistic prediction that a spot Bitcoin ETF will likely launch before January 10, 2024. Analysts at JPMorgan shared the same prediction in a report stating that the SEC will likely approve multiple spot Bitcoin ETF applications “within months.”
The exact timing for regulatory approval remains uncertain, but it’s expected to occur within the coming months and quite possibly before the January 10 deadline, which is set for the Ark Invest and 21Shares’ spot BTC ETF application.
To date, the U.S Secur…
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