Blockfi filed with the SEC to launch a spot Bitcoin ETF


It's only a matter of time before a physically backed Bitcoin ETF gets approved

We just got futures backed products approved a few weeks ago but those aren't enough.

The market wants a spot based product.

And the market is always right.

Blockfi has now officially filed for one with the SEC as of earlier this morning:

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(Source: https://twitter.com/DylanLeClair_/status/1457778617170075650/photo/1)

Personally I don't think this one is the first one that gets approved as I think the Grayscale one is going to be the first spot market bitcoin ETF.


Comments 1


This is going to be explosive! I have to get some BTC!lol

09.11.2021 01:27
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