“Bitcoin ETF coming ‘in a year or two,’ analyst says as SEC mulls applications”
April 6, 2021
“The Securities and Exchange Commission formally acknowledged a bitcoin ETF proposal from VanEck just two weeks ago, starting the countdown on its 45-day approval timeline. But seeing a bitcoin ETF approved in the next 30 days isn’t that likely, according to Todd Rosenbluth, head of ETF and mutual fund research at CFRA Research. It’s more likely that the SEC will extend its timeline, he told CNBC’s “ETF Edge” on Monday…
Joining the roster of prospective bitcoin ETF issuers is Grayscale. The investment firm said Monday it was “100% committed” to converting its Grayscale Bitcoin Trust into an ETF. VanEck, Fidelity and Valkyrie Digital Assets are among the firms that have already filed applications…”
https://www.cnbc.com/2021/04/06/bitcoin-etf-coming-in-a-year-or-two-analyst-says.html