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Strike Gold by Sharing Your TradFi Orders and Pictures!
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According to CNBC, spot bitcoin ETFs (BTC) in the United States would be approved this Wednesday, January 10. That means they could start trading on stock exchanges as early as Thursday or Friday of this week.
"Two sources close to the process tell me it looks like it's going to be Wednesday, which is also the deadline for Cathie Wood's bid for ARK and 21Shares," CNBC host Kate Rooney said. The journalist added: "I was also told that the operations would take place on Thursday or Friday, but it has been a moving target here in terms of dates."
Adding to the reasons that are driving the price of bitcoin is the fact that Gary Gensler, chairman of the SEC, posted a thread on the social network X warning about the risks of investing in cryptocurrencies (strikingly, just hours before the SEC announces its decision on bitcoin ETFs).
In addition, this morning several companies seeking authorization to launch bitcoin ETFs made amendments to their requests related to the fees that these investment products will charge.