Gemini’s David Abner says the SEC will approve a spot BTC ETF in 2022

Gemini’s David Abner says the SEC will approve a spot BTC ETF in 2022
фото показано с : invezz.com

2021-11-24 21:55

David Abner, the Global Head of Business Development at leading cryptocurrency exchange Gemini, believes the SEC will eventually approve a pure-play Bitcoin (BTC/USD) ETF.

Abner shared his bullish opinions during the November 22 episode of CNBC’s ETF Edge, saying approving a pure-play BTC ETF would be the answer to the regulator’s crypto conundrum.

During the show, Abner said the SEC is moving meticulously in the BTC and crypto ETF space. According to him, the securities regulator has been paying attention to crypto and has read a massive volume of crypto-related publications, a move that saw it approve three ETFs based on BTC futures.

Abner noted that the SEC approved the BTC futures ETFs because it no longer believes the crypto market is immature. He added that approving these ETFs is the SEC’s way of showing investors that crypto is an investable space.

The Gemini official added that the SEC is seeking more oversight over the burgeoning asset class before making its next move.

While the authority is yet to get such control, Abner believes it is gradually working on steps to move the nascent asset class forward. In the same spirit, he said the SEC knows what it is doing and that it will eventually approve a physical BTC ETF.

The SEC might approve a spot BTC ETF in 2022

Sharing what he thinks it would take for the SEC to greenlight the launch of a pure-play BTC ETF, Abner said the agency is waiting for clear regulatory guidelines around the nascent industry. He predicted that such regulations might arrive in Q1, 2022, allowing the SEC to approve a spot BTC ETF afterward.

While Abner is bullish that the SEC will give the go-ahead to launch a physical BTC ETF as early as Q1, Tom Lydon, the CEO of ETF Trends, believes such a feat would take longer. According to him, the end of 2022 is more feasible.

Like Abner and Lydon, Anna Paglia, Invesco’s head of ETFs and indexed strategies, also believes the SEC might approve a physical BTC ETF in the coming year. Paglia shared her thoughts on the matter during the November 15 episode of CNBC’s ETF Edge.

Meanwhile, BTC is trending downward after peaking at $68,789.63 (£51,425.41) on November 10. At the time of writing, the coin is trading at $56,678.14 (£42,372.29) after losing 0.93% over the past 24 hours.

The post Gemini’s David Abner says the SEC will approve a spot BTC ETF in 2022 appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

EthereumFog (ETF) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 ETF

etf btc abner gemini pure-play david approve

Источник: invezz.com

etf btc → Результатов: 126


В Латинской Америке одобрили запуск первого биткоин-ETF

Запуск первого биржевого криптофонда биткоин-ETF одобрил бразильский регулятор. Таким образом, в Латинской Америке появился первый подобный продукт, ориентированный на BTC, сообщает The Block. Заявку на его запуск отправила компания QR Asset Management.

2021-3-20 10:49


Фото:

Valkyrie Digital Assets подала заявку на ETF для инвестиций во владеющие BTC компании

Valkyrie Digital Assets подала в SEC заявку на запуск ETF, который будет инвестировать большую часть своего капитала в компании, владеющие BTC или иным образом связанные с криптовалютой.

2021-3-16 11:00


Фото:

В SEC подана заявка на ETF для инвестиций в биткоин через GBTC

<p> Simplify Exchange Traded Funds подала в SEC заявку на запуск ETF, который будет косвенно инвестировать в BTC через Grayscale Bitcoin Trust, а также в долевые ценные бумаги американских компаний. </p>

2021-3-12 09:30


Фото:

North America’s First Bitcoin ETF Now Holds Over 11,000 BTC

The first bitcoin exchange-traded fund (ETF) in North America now holds over 11,000 bitcoins. Purpose Bitcoin ETF saw strong interest at launch. An ETF researcher explained that the surge in interest was evidence of some combination of pent-up demand, the price of bitcoin, and investors switching from other means of getting cryptocurrency exposure. First North […]

2021-3-4 03:15


Мнение: Для одобрения ETF на биткоин капитализация должна достичь $2 трлн

Генеральный директор Ark Investment Management Кэти Вуд сомневается, что регулирующие органы США одобрят биржевой фонд (ETF) на биткоин до того, как рыночная капитализация BTC достигнет $2 трлн.

2021-1-28 17:40


Фото:

Кэтрин Вуд: «SEC может одобрить ETF на биткоин при рыночной капитализации BTC в $2 трлн»

Генеральный директор Ark Investment Management Кэтрин Вуд сказала, что регуляторы США вряд ли одобрят ETF на биткоин до того, как рыночная капитализация криптовалюты достигнет $2 трлн.

2021-1-27 12:00


Фото:

JPMorgan: «ETF на биткоин может повредить цене BTC в краткосрочной перспективе»

Согласно отчету JPMorgan, ETF на биткоин будет полезен для первой криптовалюты в долгосрочной перспективе, но сначала он может повредить цене BTC, так как привлечет деньги из Grayscale Bitcoin Trust.

2021-1-11 11:00


$60B Asset Fund, WisdomTree Trust, Files For A New ETF; Will Includes 5% In Bitcoin Futures

Institutional investors are taking up positions in the Bitcoin market attracting some of the biggest Wall Street hedge funds and financial institutions. WisdomTree Investments, a $60 billion dollar hedge fund, announced the launch of an electronic traded fund (ETF) index comprising of a number of digital assets including BTC.

2020-6-17 15:58


В январе Tezos Foundation хранил в активах более $600 млн. 47% — в биткоине

Tezos Foundation, разработчик криптовалюты Tezos, на 31 января владел активами на $635 млн. Согласно отчету, опубликованному фондом в четверг, 19 марта, 47% этих активов находятся в биткоине (BTC), 23% — в токенах Tezos (XTZ), 16% — в «стабильном фонде», куда входят такие активы как облигации, ETF и биржевые товары. Tezos Foundation привлек $232 млн в […]

2020-3-20 13:33


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin Drops Below $100,000: The End Or Beginning Of The Crypto Bull Market?

Bitcoin, the titan of the cryptocurrency world with a market cap hovering around $1. 9 trillion, has experienced a significant downturn, dipping below the psychological threshold of $100,000. This flash dump, occurring over just three days, has left many investors and analysts questioning whether this marks the end of the current bull market or signals a healthy correction within an ongoing bullish trend.

ASIC Targets Binance Australia Over Landmark Case In Crypto Regulation

The Australian Securities and Investments Commission’s (ASIC) most recent action against Binance Australia marks a significant advancement in cryptocurrency regulation. The cryptocurrency community is in disbelief over this case, which will likely have a lasting impact on how digital currencies are governed in Australia and other nations.

UAE’s Bitcoin Holdings Soar To $40 Billion As Bull Season Continues

The United Arab Emirates (UAE) recently witnessed its Bitcoin holdings reach an impressive $40 billion, marking a significant milestone in the country’s cryptocurrency journey. This investment surge aligns with a global bull market that has reignited interest in digital assets.

UAE’s Bitcoin Holdings Soar to $40 Billion As Bull Season Continues

The United Arab Emirates (UAE) recently witnessed its Bitcoin holdings reach an impressive $40 billion, marking a significant milestone in the country’s cryptocurrency journey. This investment surge aligns with a global bull market that has reignited interest in digital assets.

ASIC Targets Binance Australia Over Groundbreaking Case in Crypto Regulation

The Australian Securities and Investments Commission’s (ASIC) most recent action against Binance Australia marks a significant advancement in cryptocurrency regulation. The cryptocurrency community is in disbelief over this case, which will likely have a lasting impact on how digital currencies are governed in Australia and other nations.