James Seyffart, a prominent research analyst for Bloomberg Intelligence has offered his take on the timeline approval of a Bitcoin Spot Exchange-Traded Fund (ETF) and the aftermath of the product.
James Seyffart On Bitcoin Spot ETF Approval Timeline
Members of the crypto community have been getting quite curious about the Bitcoin Spot ETFs due to the increasing anticipation surrounding it. One of the main questions swelling around the community is when they will start trading on the open market if approved.
Bloomberg analyst James Seyffart shared his two cents on this recently, revealing his optimism about the approval timeline of the BTC spot ETF on X (formerly Twitter). Seyyfart highlighted in his post that both the 19b-4 and S-1 fillings are crucial for comprehensive consideration of the product.
In his opinion, getting clearance for the 19b-4 set of ETFs will not be too difficult. However, the challenging part is determining when the ETF can begin trading following approval.
Seyffa
We współpracy z: https://bitcoinist.com/bloomberg-analysts-take-on-spot-etf-approval-timing/
