BlackRock insiders say Bitcoin ETF is probably going 6 months away: Novogratz

The US’ first spot (BTC) exchange-traded fund (ETF) might be accepted someday earlier than February 2024, in line with Galaxy Digital CEO Mike Novogratz — citing sources at BlackRock (NYSE:) and Invesco.

“It is a huge, huge deal. It is a huge deal as a result of each our contacts, from the Invesco facet and from the BlackRock facet, get you to suppose that it is a query of when, not if — that the surface window might be six months,” Novogratz informed shareholders throughout Galaxy’s Aug. 8 Q2 earnings name, which reported a $46 million internet loss.

Or, even earlier

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