Bitcoin ETF Approval Expected Soon

Industry Giants BlackRock and Fidelity Poised to Make First Offerings

Bitcoin ETFs are expected to be approved by regulators in the coming days, making it easier and safer for the public and institutional investors to invest in the digital currency.
Industry giants BlackRock and Fidelity are among those positioned to make the first offerings, which could trade on exchanges like NASDAQ.
The approval of Bitcoin ETFs could lead to a flood of money that will push the price of bitcoin even higher over the coming weeks, months, and years.
The approval of a Bitcoin ETF by the SEC would mean that institutional investors can more easily speculate on the price of Bitcoin, bringing Bitcoin to Wall Street.
Analysts predict there will be about $55 billion to $60 billion invested in these ETFs by the end of the next two or three years.