On October 15th, according to Bloomberg News, a person familiar with the matter said that the Bitcoin futures ETF is reportedly not opposed by the SEC. The market reacted quickly, and Bitcoin rose accordingly.

On October 9, according to Bloomberg News, 4 BTC ETFs are expected to be approved by the US Securities and Exchange Commission (SEC) at the end of October. The SEC may decide at the end of October whether to approve, reject or delay the listing application of such ETFs. Bloomberg ETF analyst James Seyffart said that he believes that approval is very likely. “The SEC and its chairman Gensler have no reason to make positive comments on the BTC futures ETF based on the 1940 law at the end of September. And then made the opposite decision." SEC Chairman Gary Gensler has always advocated the inclusion of Crypto in the regulatory framework, and the only way to be included in the framework is naturally to provide investors with compliant Crypto exposure. On September 30, he expressed his support for BTC futures ETF funds instead of BTC spot ETF funds. As of now, a total of 9 BTC futures ETFs are waiting for SEC approval.

Just a few days ago, the SEC has just approved the Volt Crypto Industry Revolution and Tech ETF (Volt Crypto Industry Revolution and Tech ETF). 80% of the fund’s holdings will be allocated to those defined as holding most of the BTC net assets or most of the income Entity from BTC mining, lending or trading. This is also considered by the market as a prelude to the BTC ETF.

After a series of regulatory developments, the passage of the BTC ETF seems to be just one step away. These news aroused strong market attention, and market sentiment continued to pick up. If the SEC finally approves the Crypto ETF, it will undoubtedly play a demonstrative effect in traditional finance. If Crypto ETFs are one after another and financial giants compete to buy Crypto, it is not impossible.

Although many BTC ETFs have been launched before, the launch of the Crypto ETF in the United States is still a milestone: BTC will be completely open to the most developed and capital-intensive place of traditional finance-the United States-and a large number of traditional financial institutions can own Crypto exposure, the market temperature may rise sharply. If the SEC finally approves it, it may add some fuel to the rising market sentiment, and the word "market" no longer needs to distinguish between traditional finance and the Crypto world. The importance of this event is enough to penetrate the entire financial market.

On October 15th, according to Bloomberg News, a person familiar with the matter said that the Bitcoin futures ETF is reportedly not opposed by the SEC. The market reacted quickly, and Bitcoin rose accordingly.

On October 9, according to Bloomberg News, 4 BTC ETFs are expected to be approved by the US Securities and Exchange Commission (SEC) at the end of October. The SEC may decide at the end of October whether to approve, reject or delay the listing application of such ETFs. Bloomberg ETF analyst James Seyffart said that he believes that approval is very likely. “The SEC and its chairman Gensler have no reason to make positive comments on the BTC futures ETF based on the 1940 law at the end of September. And then made the opposite decision." SEC Chairman Gary Gensler has always advocated the inclusion of Crypto in the regulatory framework, and the only way to be included in the framework is naturally to provide investors with compliant Crypto exposure. On September 30, he expressed his support for BTC futures ETF funds instead of BTC spot ETF funds. As of now, a total of 9 BTC futures ETFs are waiting for SEC approval.

Just a few days ago, the SEC has just approved the Volt Crypto Industry Revolution and Tech ETF (Volt Crypto Industry Revolution and Tech ETF). 80% of the fund’s holdings will be allocated to those defined as holding most of the BTC net assets or most of the income Entity from BTC mining, lending or trading. This is also considered by the market as a prelude to the BTC ETF.

After a series of regulatory developments, the passage of the BTC ETF seems to be just one step away. These news aroused strong market attention, and market sentiment continued to pick up. If the SEC finally approves the Crypto ETF, it will undoubtedly play a demonstrative effect in traditional finance. If Crypto ETFs are one after another and financial giants compete to buy Crypto, it is not impossible.

Although many BTC ETFs have been launched before, the launch of the Crypto ETF in the United States is still a milestone: BTC will be completely open to the most developed and capital-intensive place of traditional finance-the United States-and a large number of traditional financial institutions can own Crypto exposure, the market temperature may rise sharply. If the SEC finally approves it, it may add some fuel to the rising market sentiment, and the word "market" no longer needs to distinguish between traditional finance and the Crypto world. The importance of this event is enough to penetrate the entire financial market.