SEC could make crypto history in new year with first spot bitcoin ETF approval

Big money management firms are growing increasingly confident that the Securities and Exchange Commission will make crypto history in early January by approving the first “spot” bitcoin exchange-traded fund, FOX Business has learned.

Sources close to these firms say recent guidance from SEC officials is that a green light will likely come by Jan. 10, 2024. This is the final deadline for the SEC to approve or deny an application from the first firm to ask for the SEC’s blessing for a spot bitcoin ETF: Cathie Wood’s Ark Investment Management in partnership with