BlackRock, Nasdaq and SEC Discuss Rule Changes for Bitcoin ETF Listing
Representatives from BlackRock, Nasdaq, and the SEC have met to discuss necessary rule changes for listing a spot bitcoin ETF. The meeting focused on Nasdaq's proposed rule change to list and trade shares of the iShares Bitcoin Trust. Analysts predict that a mix of catalysts and historical behavior could push bitcoin to as high as $160,000 in a bull market expected to take off in 2024, with demand from spot ETFs being a contributing factor. MicroStrategy's Executive Chairman Michael Saylor believes that the coming spot bitcoin ETFs could be the biggest development on Wall Street in 30 years.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Initial listing] Bitget to list Kiichain (KII)
New data display features added to the futures elite trader homepage
CFD profit share feature upgraded for safer earnings
New stock categories added to the market selection pop-up in the elite trade section
Crypto prices
More
