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illokratamus
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a year ago
The Only ETF Timeline That Matters
Here's the most updated list of dates to watch for the current #bitcoin ETF Race:
BlackRock may have ignited a new ETF competition, but it's Cathie Wood’s ARK 21Shares Bitcoin ETF that remains at the forefront of the SEC's agenda. Yet, there's a chance Grayscale could overshadow all by winning its lawsuit against the SEC and gaining approval for an ETF conversion ahead of the rest. Such an outcome could be a significant boost for the industry, as Grayscale's success might pave the way for other filings.
There are also some unpredictable scenarios: Grayscale could win the lawsuit without gaining ETF approval, or the SEC might give the green light to all the ETFs simultaneously. A part of me hopes to see a seasoned crypto asset manager clinch the first approval, while another part envisions a grand celebration with all filers getting approved together. Whatever route the SEC takes in approving the ETFs, it's bound to be a positive step forward.
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