UBS is anticipated to observe Morgan Stanley in approving a number of Bitcoin ETFs, with a best-case situation for approval in August and a worst-case in October, in response to sources
UBS is anticipated to observe Morgan Stanley in approving a number of Bitcoin ETFs, with a best-case situation for approval in August and a worst-case in October, in response to sources.
Analysts, together with Bloomberg’s James Seyffart, anticipate Bitcoin ETF choices to grow to be obtainable within the fourth quarter of 2024. The CBOE has refiled an in depth software with the SEC, indicating potential engagement from the regulatory physique.
The ultimate resolution by the SEC is anticipated by late September, however additional steps from the OCC and CFTC are required. This growth may appeal to important curiosity from hedge funds and affect buying and selling methods. Related ETFs embrace $IBIT and $FBTC.
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