Any day now, the SEC may let spot bitcoin ETFs onto the market. You can expect client questions, so you need to understand how these ETFs work.
Although the SEC has rejected all prior spot bitcoin ETF applications, there are indications the SEC will say yes. Among other reasons, BlackRock filed for the first time – quickly followed by ARK/21Shares, Bitwise, Fidelity, Global X, Invesco Galaxy, Valkyrie, VanEck and WisdomTree, along with Grayscale’s request to convert GBTC into a spot bitcoin ETF.
Approval by the SEC would be a game-changer for crypto, as introduction of a spot bitcoin ETF has long been considered the “Holy Grail” for broad investor adoption.
We’re here to help you get ready for it. Read my new white paper, What You Need to Know About Spot Bitcoin ETFs. In it, you’ll discover: