Wednesday

Block

Gary

Spot

<p>We are now 2 days away from the deadline set by the SEC for the approval of the first Bitcoin Spot ETFs. To date, this regulatory institution has not made a statement regarding these new financial instruments. In case you want to closely follow the progress of the situation, we provide below some tips for you.</p>
<h2 id="h-an-infallible-monitoring-tool-for-bitcoin-etfs">An Infallible Monitoring Tool for Bitcoin ETFs</h2>
<p>So what’s the actual date for the approval of the spot ETFs? <strong>More likely January 11 than January 10, 2024</strong>, predicted Eric Balchunas, a Bloomberg financial analyst. Given the number of filings and the recent additions (S-1 forms referring to the chosen brokers by the applicants and the 19b-4 filings), the SEC really has its work cut out for it.</p>
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     <p lang="en" dir="ltr">Here's how to know if a spot bitcoin ETF has been approved <a href="https://t.co/uT7HQsNOE7" rel="noopener noreferrer nofollow">https://t.co/uT7HQsNOE7</a></p>— The Block (@TheBlock__) <a href="https://twitter.com/TheBlock__/status/1744048590312321409?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 7, 2024</a>
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  This platform enables real-time monitoring of the SEC’s decision
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<p>According to <a href="https://theblock.co/post/270765/heres-how-to-know-if-a-spot-bitcoin-etf-has-been-approved?utm_source=twitter&amp;utm_medium=social" target="_blank" rel="noopener noreferrer nofollow">The Block</a>, the crypto community expects the Securities and Exchange Commission to green-light ARK Investment’s and Cathie Wood’s 21Shares spot Bitcoin ETFs <strong>by Tuesday or Wednesday</strong>.</p>
<p>In fact, Wednesday is the deadline, January 10, the date analysts have been reiterating for several weeks already.</p>
<p>However, some of them acknowledge the great authority of Gary Gensler and his team. And this, unfortunately, allows for a further postponement of the deadline.</p>
<p>In other words, the SEC has always been adept at maintaining suspense regarding the Bitcoin Spot ETFs. And might continue to do so in the future.</p>
<p>But to better follow its positions regarding these trackers, it’s best to <strong>constantly keep an eye on its EDGAR electronic database</strong>.</p>
<p>“<em>We do not comment on individual filings. In general, if the Commission declares that a registration statement is effective, it is reflected in EDGAR. <strong>Any Commission 19b-4 order will be displayed on our website</strong> and subsequently published in the Federal Register</em>,” says an SEC spokesperson.</p>

Bitcoin ETF approved or rejected? Be the first informed!

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