While Bitcoin is making volatile movements before the SEC announces its ETF decision, it is claimed that ETFs will be approved tomorrow and opened for trading on Thursday.
Speaking to The Block at this point, Valkyrie Investments co-founder and CIO Steven McClurg said that spot Bitcoin ETFs will be approved on Wednesday and that they expect ETF trading to begin Thursday morning.
While these allegations continued to be discussed, a post came from Fox correspondent Eleanor Terrett.
The Fox reporter also stated that he had also heard the allegations that approval would be made on Wednesday and said:
“Now that this has been made public, I can say that I have heard about it too. There seems to be a general consensus among issuers.
We will see the decision!”
Now that this is public I can say that I, too, have been hearing this. Seems to be the general consensus among issuers.
We shall see! 👀 https://t.co/i8Bi3rDKzo
— Eleanor Terrett (@EleanorTerrett) January 9, 2024
*This is not investment advice.