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With The Launch Of The Spot Bitcoin ETF Just Three Weeks Away, Will It Be A Boom Or A Bust?

Published by
Benzinga

The long-awaited spot Bitcoin (CRYPTO: BTC) ETF launch is just around the corner, throwing the cryptocurrency market into a fever pitch of anticipation and strategic planning. According to digital asset trading firm QCP Capital, the moment of truth could arrive as early as the market closes on Jan. 5, 2024, or between Jan. 8 and 10. Cash Only: The Final Hurdle Cleared The final point of contention, the SEC’s insistence on “cash only” versus “in-kind” delivery for the underlying Bitcoinin the ETFs, has finally been resolved. With practically all ETF providers acquiescing to the SEC’s demand, th…

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