Bitcoin ETF: SEC May Notify Approved Issuers To Launch Very Soon – Here’s When
Summary
The SEC may notify 14 Bitcoin ETF applicants of their approval by next week, ahead of the January 10 deadline. Firms like Black Rock, Van Eck, and Fidelity have updated their filings. Fidelity aims to offer the lowest sponsor fee at 0.39%. The impact of ETF approval on Bitcoin's price may be limited, as the market has already priced in the potential approval, leading to little volatility and a decrease in implied volatility of options. Despite this, Bitcoin's price has increased by over 150% this year, partly due to the anticipation of a Bitcoin spot ETF.
