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Bitcoin ETFs could start trading as soon as Thursday
Bitcoin ETFs could gain regulatory approval as soon as Wednesday, with more than one fund preparing to launch trading Thursday morning, three people close to the matter tell Axios. Why it matters: The 10-year wait for approval of spot bitcoin ETFs in the U.S. could come to an end this week. Between the lines: Filings containing prospectuses, known as S-1s, are expected to be declared effective immediately for some funds, clearing the way for trading, all three people said. Approvals are tied to so-called 19b-4 filings, submitted to the Securities and Exchange Commission by the exchanges to permit the trading of the ... (full story)