Former BlackRock director Stephen Schoenfeld, now CEO of MarketVector Indexes, predicts that the US SEC will approve a Bitcoin ETF within 3-6 months. 📈 He shared his views at the CCData Summit in London.
Schoenfeld noted that the SEC has changed its tactics by postponing decisions on ETF applications and asking for comment, a small but significant improvement in the dialogue.
BlackRock, which manages $9.42 trillion in assets, has a good chance of approving a Bitcoin ETF. But BlackRock could face serious competition in this space, Schoenfeld said. 🏦
Schoenfeld noted that the SEC has changed its tactics by postponing decisions on ETF applications and asking for comment, a small but significant improvement in the dialogue.
BlackRock, which manages $9.42 trillion in assets, has a good chance of approving a Bitcoin ETF. But BlackRock could face serious competition in this space, Schoenfeld said. 🏦