Customers reported seeing spot Bitcoin ETF symbols on buying and selling platforms forward of approval from the SEC.
Constancy’s retail buying and selling app confirmed spot Bitcoin ETF tickers, together with ARK 21Shares Bitcoin ETF (ARKB), though one consumer confirmed that buying and selling was unavailable for now.
Shortly after, Bloomberg notably listed 11 Bitcoin (BTC) ETFs on its terminal below the “pending itemizing” designation.
The Chicago Board Choices Trade additionally filed a request for acceleration with the U.S. Securities and Trade Fee (SEC) on behalf of Invesco Galaxy, primarily asking for permission to checklist and begin buying and selling concurrently with different issuers like ARK 21Shares and BlackRock.
It’s anticipated that the SEC will announce approval for a number of spot Bitcoin ETFs, with companies opening buying and selling as early as Jan. 11. ETF skilled James Seyffart noted that authorised 19b-4 purposes, the proposals for rule modifications, would be the closing indicator that BTC ETFs are a finished deal.