‘You want to come out strong': What investors will be looking for in spot bitcoin ETFs after SEC approval
BlackRock(BLK) Market Watch·2024-01-10 22:22
Anticipation about the launch of spot bitcoin ETFs is peaking late Wednesday after the Securities and Exchange Commission greenlit such funds for trading on U.S. exchanges.Todd Rosenbluth, head of research at VettaFi, said in a phone interview that he’s watching for one or more spot bitcoin exchange-traded funds to come to market as soon as Thursday.The SEC gave its assent to about a dozen spot bitcoin ETFs on Wednesday. “Given that there are so many horses in this race,” said Rosenbluth, “you want to come ...