When will Nasdaq approve a Bitcoin ETF?

3 answers

• Jan 13, 2022 · 3 years ago
  As of now, Nasdaq has not yet approved a Bitcoin ETF. The approval process for a Bitcoin ETF involves a thorough review by the Securities and Exchange Commission (SEC). The SEC has expressed concerns regarding market manipulation, custody of assets, and investor protection. While there is no specific timeline for when Nasdaq will approve a Bitcoin ETF, it is important to note that the SEC has rejected several Bitcoin ETF proposals in the past. However, with the growing interest in cryptocurrencies and the potential benefits of a Bitcoin ETF, it is possible that Nasdaq may approve one in the future.
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• Jan 13, 2022 · 3 years ago
  Nasdaq's approval of a Bitcoin ETF is highly anticipated by the cryptocurrency community. A Bitcoin ETF would provide a regulated and accessible way for investors to gain exposure to Bitcoin without having to directly own the cryptocurrency. However, the approval process is complex and involves regulatory scrutiny. The SEC has raised concerns about market manipulation and investor protection, which need to be addressed before a Bitcoin ETF can be approved. While there is no definitive timeline for when Nasdaq will approve a Bitcoin ETF, it is expected that the decision will be based on a thorough evaluation of these concerns.
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• Jan 13, 2022 · 3 years ago
  While I cannot speak on behalf of BYDFi or any specific exchange, it is worth noting that the approval of a Bitcoin ETF by Nasdaq would have a significant impact on the cryptocurrency market. A Bitcoin ETF would provide institutional investors with a regulated and secure way to invest in Bitcoin, potentially leading to increased liquidity and market stability. However, it is important to remember that the decision to approve a Bitcoin ETF ultimately lies with the SEC, and Nasdaq's role is to provide a platform for trading approved ETFs. It is advisable to closely follow the updates from the SEC regarding the approval process.
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