Spot Bitcoin ETFs can be traded live on Thursday or Friday: CNBC
A spot Bitcoin exchange-traded fund (ETF) is likely to begin live trading as early as Thursday or Friday, and approval could come as soon as this Wednesday, a source familiar with the matter told CNBC.
This news comes amid strong anticipation for the launch of the Spot Bitcoin ETF, a significant milestone expected to provide mainstream investors with a regulated vehicle to gain direct exposure to Bitcoin.
“Wednesday is also the deadline for bids for Cathie Wood’s ARK and 21Shares, according to two sources close to the process,” CNBC anchor Kate Rooney said. She said: “We were then told the deal would happen on Thursday or Friday, but the date was a moving target here.”
The imminent availability of real-time trading for these ETFs represents a significant leap forward in the integration of Bitcoin into traditional financial markets. CNBC’s report amplifies speculation that the imminent introduction of these ETFs has been eagerly awaited by both institutional and retail investors.
If live trading begins as expected, this will be a historic moment for the Bitcoin industry, reflecting a significant shift in perception and adoption of BTC among traditional investors.
While specific details and exact launch times remain speculative, the possibility of spot Bitcoin ETF trading becoming a reality in real-time represents the culmination of rigorous regulatory evaluation and market readiness, and will mark the culmination of Bitcoin’s broader adoption within the financial landscape. It means one step closer to acceptance and legitimacy.
