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Novogratz Envisions Bitcoin ETF Clearance In 2023 – ‘It’s Gonna Get Approved’

Galaxy Digital Holdings Ltd. (OTC: BRPHF) CEO Michael Novogratz on Wednesday exuded confidence in the approval of spot Bitcoin-exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC) this year. Reflecting on the recent legal stride by Grayscale Investments LLC, Novogratz anticipates a green light for such ETFs, marking notable progress in the realm of digital assets, a sector slated for elaborate discussions at Benzinga’s Future of Digital Assets conference on Nov. 14. “It’s gonna get approved,” said Novogratz during a recent conversation on CNBC, projecting a 2023 timelin…