Cryptocurrency etf decision

cryptocurrency etf decision

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An ETF is an easy second-most popular cryptocurrency, has also risen on speculation that fund managers will create ETFs around many new investors.

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The SEC is expected to decide on Jan. 10, , whether to approve bitcoin ETFs from the likes of BlackRock, Fidelity and others, which would. In August, the crypto industry became more optimistic regulators would approve a spot bitcoin ETF after the investment firm Grayscale won a. The U.S. Securities and Exchange Commission on Wednesday approved rule changes to allow the creation of bitcoin exchange-traded funds in the.
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Now, attention turns to how much demand these investment vehicles will attract. The SEC may decide to approve some, but not all, of the S-1s. Some crypto advocates believe the arrival of bitcoin ETFs will unleash new demand for asset class from types of investors who were previously scared off by concerns about custody and the safety of crypto-specific exchanges. They make the asset class "less of a scary concept" to mainstream audiences, bitcoin advocate Jameson Lopp said.