Bloomberg Insider Says Bitcoin ETF “Is Done,” SEC Looks at Jan 11 Launch

• Bloomberg analyst Eric Balchunas stated Bitcoin spot ETFs are a confirmed reality.
• Balchunas noted the SEC is working to align everything for a January 11 launch.
• However, contrasting views suggest the SEC will not approve Bitcoin spot ETF this month.

Eric Balchunas, a senior ETF analyst at Bloomberg, has boldly asserted that exchange-traded funds (ETFs) investing directly in Bitcoin are a confirmed reality. In a recent comment on X, Balchunas mentioned that applications for Bitcoin spot ETFs with the U.S. SEC have progressed to the final stages. 

Supported by insights from various inside sources, the ETF analyst affirmed that the crypto spot ETF is essentially completed.

Furthermore, Balchunas noted that the final form S-1 registration statements are expected by 8 am on Monday, U.S. time, as the SEC is wor…

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