According to information disclosed by Nicolas Antiporovich, who has indicated that in the next few minutes or hours, the SEC will give its final verdict on Bitcoin ETFs, it was also learned that apparently, brokers are ready to start trading these ETFs as soon as tomorrow.

According to information reported in Antiporovich's article, "the SEC has until today, January 10, 2024, to report whether or not it approves spot bitcoin ETFs in the United States. A final decision is expected in the next few minutes or hours."

It was also noted that, "The U.S. Securities and Exchange Commission (SEC) has not yet officially announced whether or not spot bitcoin ETFs are approved. In any case, these financial products are already on the listings of several stock brokers."

Similarly "Logging into Fidelity's brokerage platform you can see that bitcoin ETFs from VanEck, ARK 21Shares, Invesco and Widsom Tree are already listed with the broker (although not yet trading)."

From my modest appreciation this is an extraordinary institutional boost for the entire cryptocurrency market.

SOURCES CONSULTED

CryptoNews. Bitcoin ETFs already listed on trading platforms. Link

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