Spot Bitcoin ETF 'Soap Opera' Expected to End in January, Analyst Says

It's fascinating how we've been waiting for this moment for more than 10 years. You know, the race to the spot. Bitcoin ETF has been a very, very slow walk up to now. And after this year, the amount of attention we pay to this, the amount of movement in the filings, the amount of traction. This story has gotten all of a sudden, we can't wait for this to be over in a way and the expectation is early January should bring a resolution here in truth, we never know what regulators are going to do. The SEC could still come up on January and say actually, no, not yet. We're not ready, which, but I think that would be the big surprise. I mean, most people now expect that by the end of January, we should have spot Bitcoin ETF S in the market uh based on the pace and the amount of regulatory paperwork and conversations and and what issuers have been saying. So we are expecting the soap opera to come to a resolution in January and then begins the next phase which is will the ETS revolutionize the space, will, you know, adoption grow exponentially will let it impact the price of Bitcoin, all of these things. We'll see what happens next.