A Bitcoin (BTC) 상장 기금 (ETF) 있다 75% chance of being approved this month — in some form.

In comments this weekend, Eric Balchunas, senior ETF analyst for Bloomberg, said that United States Bitcoin futures ETFs were “likely on schedule” for the regulatory green light.

Bitcoin futures ETFsvery much alive

October began with the Securities and Exchange Commission (비서) announcing a frustrating yet not uncommon delay to their decision on whether or not to approve Bitcoin ETFs.

The various applications, instead of being allowed or denied this month, will now begin to be processed in November.

According to Balchunas, 하나, Futures-based ETFs are more likely than not to pass muster in the coming weeks.

"예, SEC는 비트코인 ​​ETF 승인을 취소했지만 '33 법에 따라 물리적으로 뒷받침되는 사람들을 위한 것입니다.,” he told Twitter followers.

“The futures ETFs filed under the ’40 Act (겐츠가 사랑하는) 매우 살아 있고 예정대로일 가능성이 높습니다. (우리는 생각한다 75% 10월에 승인된 기회).”

Balchunas referred to SEC chair Garry Gensler, who last week hinted at a permissive stance regarding the instruments.

“Subsequently, we’ve started to see filings under the Investment Company Act with regard to exchange-traded funds (ETF) seeking to invest in CME-traded bitcoin futures,” he said in concluding remarks at the Future of Asset Management North America Conference.

“When combined with the other federal securities laws, the ’40 Act provides significant investor protections for mutual funds and ETFs. I look forward to staff’s review of such filings.”

Canada’s Purpose Bitcoin ETF, which got the go-ahead at the start of the year, beating the U.S. offerings, continues to go from strength to strength.

Purpose Bitcoin ETF chart. 원천: Bybt

A long and winding ETF road

The history of Bitcoin ETFs has now spanned several years and seen multiple make-or-break moments in which proponents were all but certain that the SEC would grant its approval.

관련된: SEC registrants seek DeFi and physically backed Bitcoin ETF approval

Originally, BTC price action could move significantly on the back of rumors tied to such events, this effect nonetheless lessening over time.

Bitcoin futures themselves won formal approval in December 2017, in time for the last few days of Bitcoin’s run-up to all-time highs of $20,000.