Sleepless nights for cryptocurrency enthusiasts may be coming to an end as the SEC is expected to announce the official approval of a Bitcoin ETF within approximately 4 hours. Prior to this announcement, strong indications suggested that the ETFs would be approved, with statements from ETF managers and a recent announcement on the CBOE official website confirming the completion of the ETF process.
The CBOE exchange has published the necessary documentation for listing today, with an announcement that six Bitcoin ETFs will begin trading tomorrow. This was not shared on their Twitter but rather through an official statement on their website, indicating the authenticity of the news.
Adding to the excitement, Charles Gasparino from Fox Business reported that a senior executive from one of the ETF applicant companies was informed by the SEC that the fund would be approved after the market closes today.
It appears that everyone except the SEC is confirming the ETF approval, including the exchange where the ETFs will be traded and the ETF issuers. The final word now rests with the SEC, which is expected to make its decision known in a few hours.
The ETFs set to trade on the CBOE exchange are: Invesco Galaxy Bitcoin ETF ($BTCO), Franklin Bitcoin ETF ($EZBC), ARK 21Shares Bitcoin ETF ($ARKB), VanEck Bitcoin Trust ($HODL), Fidelity Wise Origin Bitcoin Fund ($FBTC), and WisdomTree Bitcoin Fund ($BTCW).