most likely before Jan. 10, 2024
the final deadline of Ark Invest and 21Shares applications,"
Given that spot bitcoin ETF approval for GBTC now appears more likely, Grayscale will likely face pressure to lower the product's fees
SEC wouldn't likely grant any spot bitcoin ETF applicant a first-mover advantage and approve multiple ETFs simultaneously.
would allow for more competition in terms of ETF fees
crypto enthusiasts eagerly await the approval of a spot bitcoin ETF,
such approval "is unlikely to be a game changer for crypto markets."
bitcoin ETFs have existed in Canada and Europe for some time but have failed to gain significant investor interest.
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