From Investing.com:

Major financial institutions such as BlackRock and Fidelity have updated their SEC filings as the regulator approaches a decision on Bitcoin ETFs. The SEC is set to review the applications with a deadline to vote by January 10, 2024. Approval could lead to immediate trading of these financial products.

The investment community eagerly awaits the SEC’s decision, as approval could mark a significant milestone for integrating cryptocurrencies into mainstream financial portfolios.

If approved, Bitcoin ETFs would allow investors to gain exposure to Bitcoin without directly purchasing the digital currency, potentially making it more appealing and accessible.

Overall, the SEC’s upcoming decision on Bitcoin ETFs is highly anticipated and could have a significant impact on the cryptocurrency market and investment landscape.



Read more: BlackRock, Fidelity update filings ahead of SEC Bitcoin ETF decision By Investing.com