Bitcoin ETF Approvals Anticipated as ‘Clear Runway’ Emerges, Analysts Say

Analysts foresee a promising path for the approval of Bitcoin (BTC) spot exchange-traded funds (ETFs) in the United States come January, as a “clear runway” is perceived following the recent decision to postpone the bids of Franklin Templeton and Hashdex ETFs, according to experts in the ETF sector.

in a tweet, ETF analyst, James Seyffart, highlighted that the Securities and Exchange Commission (SEC) opted to defer its ruling on the applications a substantial 31 days before the looming decision deadline of January 1, 2024.