Bloomberg Intelligence Believes Spot Bitcoin ETF Could Launch This Week in the US

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Bloomberg Intelligence Believes Spot Bitcoin ETF Could Launch This Week in the US
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The SEC will supposedly decide on Bitwise's application on September 1, while BlackRock, Invesco, WisdomTree, and VanEck will wait until September 2.

The SEC will supposedly decide on Bitwise’s application on September 1, while BlackRock, Invesco, WisdomTree, and VanEck will wait until September 2.

The entity said that the US Securities and Exchange Commission is expected to respond to several applications from BlackRock, Bitwise, WisdomTree, VanEck, and Invesco in the following days. The agency has the option to approve, reject, or delay the filings.that Bitwise’s application will be the first that the SEC will take into consideration, with an announcement expected on Friday .

its decision on the joint effort of ARK Investment Management and 21Shares, which filed to launch a spot BTC ETF.that the watchdog will approve the long-anticipated product this week is Roxanna Islam – associate director of research and head of sector and industry research at VettaFi:

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