Experienced ETF analyst Stuart Barton stated that spot Bitcoin (BTC) ETF applications will be approved en masse.
Chief Investment Officer at Volatility Shares and cryptocurrency ETF expert Stuart Bartonsuggested that all applications to the US Securities and Exchange Commission (SEC) for spot Bitcoin exchange-traded funds (ETFs) would be approved at the same time. This is among the institutions applying for ETFs. no unfair competition It has been mentioned many times by analysts as the most likely method that the SEC is expected to implement on its behalf.
Barton, Volatility Shares first Ethereum (ETH) futures ETF application However, the SEC does not approve all Ethereum futures ETF applications. approved at the same time He reminded that applying first does not give them an advantage. The experienced name emphasized that the SEC could follow the same path for spot Bitcoin ETF applications:
We were the first to apply for an Ethereum futures ETF, but we did not get the first mover advantage when all applications were approved at once. This is a precedent that may be repeated by the SEC in its evaluations of spot Bitcoin ETFs.
Although the SEC is still continuing its investigations into spot Bitcoin ETF applications, the developments especially on the investment giant BlackRock front were enough to accelerate the market. Finally 24 October BlackRock’s day iShares spot Bitcoin ETF The largest stock exchange in the USA NasdaqResponsible for the execution of transactions in DTCCBitcoin by listing on More than 10% rise had lived.
currently Grayscale Investments, Ark Invest, Fidelity And WisdomTree Spot Bitcoin ETF applications of market giants such as continue to be examined by the SEC.
If the spot Bitcoin ETF is approved in the USA, it will pave the way for traditional investors to invest without having to buy Bitcoin directly through stock exchanges. In this way, especially institutional investors are expected to create a serious cash flow in Bitcoin.