Crypto investors have a good reason to stay awake today as the latest Bloomberg report is motivating them. A Spot Bitcoin ETF approval won’t come suddenly as there are steps to be overcome. Right now, as this article is being prepared, an important step has been taken, causing a Bloomberg expert to excitedly share, “Here We Go”.
Spot Bitcoin ETF
“Here we go,” investors were eagerly awaiting new file updates following the Bloomberg report that came about an hour ago. Katie Greifeld from Bloomberg said, “The SEC told exchanges + issuers to submit their final 19b-4 filings for spot Bitcoin ETF applications today.” Now, shortly after, Valkyrie has updated its 19b-4 filing.
This move supported the Bloomberg report. James from Bloomberg wrote exactly this:
“Here’s the first 19b-4 amendment filing! Here we go.”
James, who said that this does not mean a final approval but shows that the process is moving forward and nearing its end, raised hopes even further. Eric from Bloomberg said:
“Yes, it’s basically done. The last I heard (from multiple sources) is that the SEC is trying to get everyone in line for the January 11 launch, so the final S-1s need to be delivered by 8 a.m. on Monday. However, I still want to hear it officially from the SEC.”
And as we come to the end of the article, Nasdaq has made its 19b-4 filing.
