Bitcoin Etf Decision 2024. As investors awaited a decision from the securities and exchange commission (sec) on a spot bitcoin etf, btc’s price fluctuated wildly as did existing bitcoin etfs and. In etf land, 2024 could kick off with a bang if, as expected, spot bitcoin etfs win securities and exchange commission approval in january.
Hopes the sec would finally approve bitcoin etfs surged last year after a federal appeals court ruled that the agency was wrong to reject an application from grayscale investments to convert. On wednesday it offered approval to all 11 of them.