Are Bitcoin Spot ETFs Now Inevitable? Dive Into the New Ruling
A three-judge panel slashed through the SEC’s arguments rendering them “Arbitrary and capricious.“ What does this mean? The gates to approving a Bitcoin spot ETF before this year just swung wide open!
Fundstat says that BTC is ready to skyrocket! Picture this: a tsunami-sized wave of growth, with BTC multiplying by 5X in 2024!
The stakes are sky-high, and the verdict may be closer than we think. Massive players like BlackRock, Fidelity, Invesco, and WisdomTree are waiting in the wings with the first application decision date set for September 2nd. But, the SEC will likely keep us on tenterhooks for an additional 45 days.
Money mastermind Nigel Green has a message of hope. He says the approval of spot Bitcoin ETFs in the US is an “inevitability.“
Let me know in the comments. 🤔
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