SEC Bitcoin Spot ETF Approval Nears, But Demand May Start Slow

Investors have awaited a spot Bitcoin ETF for years, and approval may finally come soon from the SEC.

However, demand may underwhelm at first compared to early enthusiasm for Bitcoin futures ETFs.

Lower crypto prices and loss of investor appetite since 2021 peak could dampen interest initially.

Approval would still represent a major milestone for crypto's mainstream acceptance long-term.

Multiple competing ETF applications before the SEC could also diffuse early trading volumes across products.