We’ve been sitting on the edge of our seat for months on this now. Last week, same old.
Thursday:
- Is this confirmation that a spot Bitcoin ETF has been officially approved?
Friday:
- SEC asked bitcoin ETF issuers to submit final versions of key docs as soon as today
A weekend update, this is the latest scuttlebutt I’ve heard, via Reuters:
- U.S. Securities and Exchange Commission on Friday discussed final wording changes on filings for spot bitcoin ETFs, a step that could lead to U.S. approval of the funds for the first time next week, sources familiar with the matter said.
- updates are due by 8 a.m. ET (1300 GMT) on Monday
- Multiple issuers said Friday they expect to receive final approval of S-1 filings by late Tuesday or Wednesday.
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On Thursday/Friday we got a ‘sell the fact (arrow on the chart below) … before the fact. And then a ‘gap fill’ since:
This article was written by Eamonn Sheridan at www.forexlive.com.
