Oct 20, 2023

VettaFi head of sector & industry research Roxanna Islam discusses her outlook on the spot bitcoin exchange-traded fund applications and the U.S. Securities and Exchange Commission's reviewing process.

Video transcript

If you look at some of these disclosures, um you know, they, they clearly are um sort of aiming at coming into launch in the next couple of months and, and you can sort of tell, um, you know, the way that they're discussing, um, you know, the, the clarity behind some of the details behind there. However, it, it really is just some of the standard disclosures um behind these ETF launches. Um I really think that the SEC has been in active communication with these funds and just going back and forth and making these amendments, um means that approval will likely come before the end of the year if not by early January, by that January 10th deadline that ARCA would probably be a significant date, um if not approved by the end of this year.

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