Spot bitcoin ETFs: What investors need to know
The Securities and Exchange Commission's (SEC) January 10 deadline for a spot bitcoin ETF decision is less than a week away. Still pending approval, a green light by SEC regulators would allow firms to offer traders bitcoin (BTC-USD) ETFs, such as Grayscale's Bitcoin Trust (GBTC).
VettaFi Financial Futurist Dave Nadig sits down with Yahoo Finance Live's Julie Hyman and Josh Lipton in-studio to discuss the possibilities of SEC approval, calling it a "horse race" to have ETF offerings ready to go on the first available trading day.
"I don't think that this is going to be one of those things where we immediately have $10 billion in new assets show up," Nadig says on demand. "Remember, one of the funds here is Grayscale's GBTC converting. It already has $25 billion in it, so we know what that demand looks like."
About Yahoo Finance:
#bitcoin #stockmarket #crypto
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: / yahoofinance
Instagram: https://www.instagram.com/yahoofinanc...
TikTok: https://www.tiktok.com/@yahoofinance?...
Facebook: / yahoofinance
LinkedIn: / yahoo-finance
Смотрите видео Spot bitcoin ETFs: What investors need to know онлайн без регистрации, длительностью часов минут секунд в хорошем качестве. Это видео добавил пользователь Yahoo Finance 05 Январь 2024, не забудьте поделиться им ссылкой с друзьями и знакомыми, на нашем сайте его посмотрели 56,64 раз и оно понравилось 83 людям.