Galaxy Digital CEO: Bitcoin ETF expected to be approved on January 10
Michael Novogratz, CEO of Galaxy Digital, recently gave a detailed explanation of his expectations for the cryptocurrency market and Bitcoin prices in 2023 during an interview with CNBC. In addition, Novogratz expressed confidence in the SEC's imminent approval of a Bitcoin ETF. Novogratz said, "We will launch this ETF before January 10, 2024. This is the last deadline before Gensler gets involved with Grayscale and the lawsuit." It is currently unclear whether Novogratz specifically referred to Grayscale's Bitcoin ETF or any other Bitcoin ETF application submitted by other financial institutions. Meanwhile, Michael Sonnenshein, CEO of Grayscale, stated that the SEC needs to approve Bitcoin ETF applications simultaneously to avoid giving any issuer an early advantage.
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
The Crypto Power Shift Has Begun – FXGuys Overtakes Fantom & Monero

Watch Out: 17 Altcoins Have Massive Token Unlocks in the New Week – Here is the Day by Day, Hour by Hour List
Ethereum’s Pivotal Moment – Rally to $2,650 or Drop to $2,200?
Must-Buy Cryptos in March 2025: The Best Assets for Maximum Returns
Trending news
MoreCrypto prices
More








