CNBC expects Bitcoin ETF spot trading to begin immediately if approved on Wednesday
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CNBC expects the spot Bitcoin ETF to receive U.S. SEC approval this week and begin trading immediately on the next business day.
A spot Bitcoin ETF is set to make a decision from the U.S. Securities and Exchange Commission (SEC), with potential trading activity expected to begin this weekend.
The expected approval date, set for Wednesday, is crucial for many applicants eager to get the green light to enter emerging markets.
According to CNBC reporter Kate Rooney, reliable sources confirmed that a physical Bitcoin ETF may be approved this week, triggering a potential trading frenzy as early as Thursday or Friday.
This development, if realized, would herald a transformative era for U.S. digital asset investment, opening the door to many applicants.
Rooney has keenly observed the escalating competition among ETF issuers and foresees a coming “price war” surrounding Bitcoin ETF spot fees. As a flood of applications enters the regulatory pipeline, industry giants such as BlackRock, Fidelity and Grayscale are preparing for a fierce battle for investor attention, not only in the pre-approval marketing conflict but also in the subsequent pricing environment middle.
