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International Business Times
International Business Times
Business
Nica Osorio

SEC To Start Notifying Spot Bitcoin ETF Issuers Of Approval On Friday: Report

SEC Bitcoin ETF James Seyffart Eleanor Terrett 21Shares Ark Invest BlackRock

KEY POINTS

  • The SEC staff attorneys met with officials from major U.S. stock exchanges on Wednesday
  • The commission is scheduled to make a decision on the spot Bitcoin ETF proposal of ARK Invest and 21Shares on Jan. 10
  • Bitcoin was trading in the green zone at $44,412.11 as of 4:31 p.m. ET on Thursday.

The U.S. Securities and Exchange Commission (SEC) is reportedly set to initiate the process of notifying spot Bitcoin exchange-traded fund (ETF) issuers of its approval starting this Friday, and trading could potentially commence as early as next week.

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