LATEST: Regulators May Approve Spot Bitcoin ETF by November End, Valkyrie CIO Says

Valkyrie Chief Investment Officer (CIO) Steven McClurg has suggested that regulators may approve a spot Bitcoin ETF by the end of November. The U.S. Securities and Exchange Commission (SEC) is anticipated to issue a second request for comments to various spot Bitcoin ETF applicants in the coming weeks, following their initial request in September. Valkyrie, one of the contenders, has reportedly updated its filing. The CIO believes that after the SEC’s new requests, the necessary 19b-4 filings, enabling the listing of spot Bitcoin ETFs, could be approved by month-end.

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