Galaxy

Bitcoin

Spot

After the fake spot Bitcoin ETF news at the beginning of the week, while everyone was talking about when the ETFs would be approved, the last comment came from Mike Novogratz, CEO of Galaxy Digital.
At this point, Mike Novogratz, who participated in CNBC's Squawk Box program, believes that the SEC will approve a spot Bitcoin ETF in 2023.
Stating that the communication between the SEC and Bitcoin ETF issuers shows that things are moving in the right direction, Novogratz said:
<blockquote>
 “I think it is very important that the SEC does not appeal the Grayscale decision.
 At this point, the question is when the ETF will be approved.
 In this context, we think that the Bitcoin ETF will be approved this year in 2023. All indicators point to progress in the right direction.
 There is a tremendous amount of pressure to do something sensible. “The American public now wants spot ETFs.”
</blockquote>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 "We think a <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> ETF will be approved this year in 2023. All the indications of dealing seem to be heading in the right direction," says <a href="https://twitter.com/novogratz?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@novogratz</a> on <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#crypto</a>. "There's a tremendous amount of pressure to do something that is rational. The American public wants this." <a href="https://t.co/ozY3gOiSyi" rel="noopener noreferrer nofollow">pic.twitter.com/ozY3gOiSyi</a>
 — Squawk Box (@SquawkCNBC) <a href="https://twitter.com/SquawkCNBC/status/1714620507629236687?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 18, 2023</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
*This is not investment advice.
 Continue Reading: <a rel="noopener noreferrer nofollow" href="https://en.bitcoinsistemi.com/when-will-spot-bitcoin-etf-be-approved-mike-novogratz-gave-the-date/">When Will Spot Bitcoin ETF Be Approved? Mike Novogratz gave the date!</a>

When Will Spot Bitcoin ETF Be Approved? Mike Novogratz gave the date!

Bitcoin Sistemi EN

Other articles published on Oct 18, 2023

Cobak Token (CBK) Price Prediction 2024, 2025, 2030, 2040, and 2050

Sui Foundation denies token supply manipulation claims

U.S. Government Holds Over 194,000 Bitcoin, Valued at $5.3 Billion

Binance CMO praises crypto ability to give people ‘control’ yet questions the state of public ‘tr...

PLEXUS Integrates Linea Chain for Secure Cross-Chain Transactions

Ripple (XRP) Price Analysis: Will the Price Reach These Levels in a Few Days?

Join our free newsletter for daily crypto updates!