Bitcoin ETF Could Arrive As Soon As October

Sep 24, 2021

Bitcoin ETF Could Arrive As Soon As October

According to Bloomberg Intelligence's chief commodity strategist, bitcoin ETFs could emerge by the end of October.

Mike McGlone told Stansberry Research's Daniela Cambone that the likelihood of a futures ETF (Exchange Traded Fund) for BTC launching before the end of the year has increased significantly.

He said that more than 30 applications for a BTC ETF have been filed, and that pressure on the Securities and Exchange Commission (SEC) in the U.S. to approve its creation is growing because of the huge trading volume that Canadian BTC ETFs generate.

Increased regulatory pressure became more apparent after Ark Invest decided to apply for a BTC ETF in Canada rather than the U.S. due to a delayed SEC response.

The creation of a futures ETF could be an intermediate step toward the creation of a full-fledged ETF. Gary Gensler, head of the Securities and Exchange Commission, said that the possibility of a BTC futures ETF would be considered. This was a significant turnaround from even half a year ago, when ETF prospects seemed bleak.

Canadian ETFs for Ethereum (ETH) contributed to the year's rise in value. According to McGlone, the value of BTC could reach $100,000 by the end of the year if it catches up with ETH through the creation of ETFs.

The additional influx of funds from traditional investment sources, which until now have been sidelined due to technical difficulties, and the legitimacy that the futures ETF will provide, will help boost the value.

The SEC has not yet decided whether the BTC ETF will be approved.

Subscribe Our Newsletter

Dogecoin News: Memecoin Faces Sharp Downturn Following Twitter Logo Boost

Tamta

Dogecoin News: Memecoin Faces Sharp Downturn Following Twitter Logo Boost

Latest Dogecoin news shows the memecoin to face a downturn following its recent Twitter logo boost and the impact of the crypto derivatives market.

Crypto
B2CONNECT integrates Bybit

Hazem

B2CONNECT New Release: Updated Liquidity via Bybit, Coinbase API, and Binance Adapter

Explore the new B2CONNECT update and discover features that will improve your crypto liquidity management and connect you with Tier-1 liquidity providers.

Companies
Get the ultimate solution: B2BinPay Get the ultimate solution: B2BinPay
Sponsored
Alexander

Liquidity Provider vs Market Maker in 2024: What Is the Difference?
In this article, we'll delve into the concept of a liquidity provider vs. market maker, their functions, and how they impact traders' experiences and the market as a whole.

discover
How Do Crypto Payments Work? - Liquidity Provider: Articles

Liquidity Provider

How Do Crypto Payments Work?

Retailers, consumers, and enterprises are increasingly accepting cryptocurrency payments. While it is possible to send cash manually, payment gateways make it much easier to accept cryptocurrency payments.

Crypto Payments
Contact us bg

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Successful!
    Thank you for your request.
    We will contact you shortly.
    Close

    Constantine

    Best DAO Projects in 2025

    Best DAO projects in 2025

    Alexander

    Crypto Nodes That Pay: Your 2025 Guide to Top Passive Income Opportunities in Crypto

    crypto nodes that pay

    Alex

    Pi Network: Scam or Groundbreaking Crypto? The Full Analysis

    Pi Network Explained

    Constantine

    Triple Net Lease: Meaning, Benefits, and Strategies Explained

    Triple Net Lease

    Constantine

    Hanging Man Pattern: How to Identify and Trade It Effectively

    Hanging Man Pattern

    Alex

    5 Infinite Banking Mistakes That Could Cost You Thousands

    Infinite Banking Mistakes to Avoid

    Aleksander

    Solana Firedancer: Solving Solana’s Biggest Problems with a New Engine

    Solana Firedancer explained

    Alexander

    What Is an Interest Coverage Ratio? How to Use This Financial Metric to Evaluate Company Health

    Interest Coverage Ratio Explained

    Hazem

    After-Hours Trading: Can You Trade After Financial Markets Close?

    After-Hours Trading Explained

    Alexander

    How to Scale a Crypto Exchange Business and Stay Competitive

    how to scale crypto exchange business

    Constantine

    Crypto CrypticStreet Review: The Future of DeFi and Secure Crypto Trading

    Crypto CrypticStreet Review: The Future of DeFi and Secure Crypto Trading

    Alexander

    Bitcoin Power Law Explained: How It Shapes BTC’s Long-Term Growth

    Bitcoin Power Law Explained: How It Shapes BTC’s Long-Term Growth

    Hazem

    Megaphone Pattern​: What Is It? How to Use It In Trading

    Megaphone Pattern​: How to Read & Trade with It

    Constantine

    Top 5 Liquidity Bridge Providers in DeFi

    Top 5 Liquidity Bridge Providers in DeFi

    Hazem

    Max Funded IUL Explained: Is It a Legitimate Financial Strategy?

    Understanding Max Funded IUL

    Alexander

    Tax Refund Timeline: When Will You Get Your Tax Return?

    how long does it take for tax refund

    Constantine

    Crypto Liquidity — What is it, and How to Measure It?

    What is Crypto Liquidity and How to Measure It?

    Constantine

    AI in Finance: A Game-Changing Trend Shaping the Industry

    AI in Finance

    Hazem

    5 Ways to Make Money with ChatGPT and Build Your Wealth

    Make Money with ChatGPT

    Constantine

    Top AI Companies to Invest in April 2025

    Top AI Companies to Invest in March 2025

    DeepSeek vs ChatGPT: Which AI Technology is Better For You?

    DeepSeek vs ChatGPT: Feature-by-Feature AI Tool Comparison

    Constantine

    Top Solana Meme Coins in 2025: Best Presales and Where to Buy

    Solana Meme Coins 2025

    Alexander

    How Renewable Energy Stocks Can Supercharge Your Portfolio

    How Renewable Energy Stocks Supercharge Your Portfolio

    SEC Crypto Regulations: What Financial Advisors Need to Know

    SEC Crypto Regulations: Insights for Financial Advisors
    liquidity-provider-logo
    • News
      • Stock Market Forecast
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
      • AI
      • Technology
      • DeFi
      • NFT
    • Articles
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
      • Blockchain
      • Investing
      • NFT
      • DeFi
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
      • White Label Brokerage Platforms
      • Broker CRM Platforms
    [email protected]

    © 2024 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy
    This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.