” As India halts exchange sites and crypto gains momentum, whispers of bitcoin spot ETF endorsement stir speculation
Talks of bitcoin spot ETF approval circulate as India blocks exchange sites and crypto is seeing more optimismWelcome back to Chain Reaction.
The crypto space has been off to a strong start for 2024 as reporters and ETF analysts have reported that a bitcoin spot ETF approval in the U.S. could be coming as soon.
This week in web3The latest podFor this week’s news episode, Jacquelyn dove back into the latest developments on spot bitcoin ETF applications in the U.S. as anticipation builds.
As it stands, there are 14 asset management firms, including BlackRock, Fidelity, Grayscale and VanEck, hoping to individually win approval from the U.S. Securities and Exchange Commission for their spot bitcoin ETFs.
We also discussed what a spot bitcoin ETF could mean for investors, institutions and miners, as well as bitcoin’s price.
