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Bloomberg Senior ETF Analyst: SEC Bitcoin ETF Approval Is Just Around the Corner

Bloomberg Senior ETF Analyst: SEC Bitcoin ETF Approval Is Just Around the Corner



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8 Comments

  1. I’m shocked. I had come to the conclusion that the SEC preferred that retail investors continue to pay the Grayscale premium “for their own good” and to “protect them from themselves.”

  2. I think is positive. Most roboadvisors will add 1% allocation to their strategies pushing the price up. I am only concern about monthly rebalances which could increase also volatility

  3. If Gary Gensler gets confirmed as SEC head, then I think a bitcoin etf is highly likely. His open course at MIT on crypto is awesome and was my first taste of understanding how the technology works. It’s worth checking out, if only to see how seriously he takes this stuff. He explicitly characterizes himself as in the middle between bitcoin minimalists and maximalists, which is a lot more than we can say about other senior figures in the administration.

  4. >‘I think it’s just a matter of the SEC coming around, and then once they come around mentally, I imagine it will happen pretty quickly. But again, I’m not in that bubble. I’m not a regulatory analyst. That’s just my sense from talking to people,’ explained the Bloomberg ETF analyst.

    ….ok then.

    Maybe we shouldn’t put too much store into this? I mean yeah, I do believe this SEC will likely approve an ETF in the next 4 years, but it may happen in 2022 or 2024.

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