The crypto community is abuzz with speculation over the imminent approval of multiple spot Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC) as soon as Friday.
Tweets and hints from key figures in the industry, including one from TechCrunch reporter Jacquelyn Melinek, have fueled this speculation.
Crypto Community Buzzing with Speculation of Approval
Melinek, a seasoned reporter at TechCrunch, took to X on Jan. 4 to share insights from sources “extremely close to the matter.”
heard from sources extremely close to the matter that the bitcoin spot ETF is going to be approved by the SEC for *multiple* firms’ applications
— Jacquelyn Melinek (@jacqmelinek) January 4, 2024
According to her tweet, there is an expectation that the SEC will approve multiple firms’ applications for a spot Bitcoin ETF, possibly within the next day.
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