SEC Faces Pivotal Week for Bitcoin ETF Applications from BlackRock, Grayscale, and Major Financial Players
• SEC reviewing applications for the first Bitcoin ETFs from major financial players like BlackRock and Grayscale • Analysts optimistic about growth potential of Bitcoin ETFs and increase in investment volume • Industry eager for more institutional engagement in crypto through ETFs' structured and regulated environment • BlackRock and Fidelity taking steps to prepare for entering Bitcoin ETF market • SEC has pivotal week ahead with deadline for revised filings and expected votes on Bitcoin ETF proposals