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Bloomberg's Senior ETF Analyst Says Bitcoin ETF Will Get Approval From US SEC In 2021

Mary Liu

Summary: People are concerned about when the U.S. Securities and Exchange Commission (SEC) can give a green light to Bitcoin ETF.  Eric Balchunas, a senior ETF analyst at Bloomberg Intelligence, said in The Scoop that 2021 will be the year that the US approves Bitcoin ETFs. Balchunas mentioned Canada, which has made Bitcoin ETFs public traded, becomes ...

People are concerned about when the U.S. Securities and Exchange Commission (SEC) can give a green light to Bitcoin ETF. 

Eric Balchunas, a senior ETF analyst at Bloomberg Intelligence, said in The Scoop that 2021 will be the year that the US approves Bitcoin ETFs.

Balchunas mentioned Canada, which has made Bitcoin ETFs public traded, becomes a testing ground for novel financial products. Based on regulatory consistency between the two countries in the past, the SEC's approval is just around the corner. 

By Mary Liu

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