• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Ripple CTO Steps Down, Accepts New Offer – What You Need To Know
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Ripple CTO Steps Down, Accepts New Offer – What You Need To Know
Spot Bitcoin ETF Approval November

Valkyrie CIO Expects Spot Bitcoin ETF Approval By End Of Month

Jake Simmons
by Jake Simmons
1 year ago
·
Posted in Bitcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Steven McClurg, Chief Investment Officer (CIO) at Valkyrie Investments, has put forth a strong indication that a landmark approval from the US Securities and Exchange Commission (SEC) for a spot Bitcoin ETF could transpire by the month’s end. The approval of the spot ETF is currently one of the biggest factors influencing the Bitcoin price as well as the entire crypto market’s trajectory.

Valkyrie’s Expected Timeline For A Spot Bitcoin ETF

Alongside financial giants like BlackRock, Fidelity, VanEck and Invesco, Valkyrie is one of the companies at the forefront of the battle with the SEC over a spot Bitcoin ETF. The firm manages two Bitcoin related ETFs at the moment – Valkyrie Bitcoin and Ether Strategy ETF and the Valkyrie Bitcoin Miners ETF – with a combined asset value of $51.1 million and has an active filing for a spot Bitcoin ETF.

McClurg, citing the latest amendments to Valkyrie’s spot Bitcoin ETF application, anticipates that the SEC will issue another series of comments within the next weeks, potentially setting the stage for the approval of 19b-4 rule changes by the end of the month.

“Before anything else happens, we get a second round of comments, and I believe we’ll probably get those comments in the next one to three weeks. […] A late November approval likely means a February launch,” McClurg added in an interview with etf.com, suggesting a timeline for the SEC’s response to these crucial amendments.

Related Reading: Here’s Why Bitcoin Is ‘Exponential Gold’: Fidelity Director Of Global Macro

He also argues that the SEC could wait until January to ask the applicants to put final touches on their S-1 filings. Nate Geraci, host of the ETF Prime podcast explained via X, ” Valkyrie CIO suggests SEC could approve 19b-4s (exchange rule changes) for spot bitcoin ETFs by end of November… And then S-1s (registration statements) early next year. These don’t have to be approved at same time (though need both for ETFs to begin trading).”

In recent weeks, the SEC has been actively communicating with ETF applicants and disclosed that the agency is carefully scrutinizing all spot Bitcoin ETF applications. The focal points of the SEC’s inquiry have pertained to the comprehensive explanation of various risk disclosures, methodologies concerning index usage, Net Asset Value (NAV) computations, environmental risk inclusions, as well as detailed insights into custodial practices. Recent amendments to filings by entities such as BlackRock and VanEck have been augmented to elucidate how initial fund seeding would be conducted.

Because of that, industry experts remain cautiously optimistic. Matt Hougan, CIO of Bitwise Asset Management, highlights lingering concerns: “Market manipulation is still a potential stumbling block… Custody isn’t [necessarily] a wrap… so there’s still a lot of work to do,” he stated, while also expressing hope for the eventual launch of a spot ETF.

Related Reading: Bitcoin Futures And Options Skyrocket: CME Group’s Q3 Breaks All-Time Highs

The anticipation isn’t purely speculative; demand forecasts suggest substantial interest. McClurg envisions about $10 billion flowing into these products within the first one to two months post-launch, while Bitwise’s Hougan projects over $50 billion in inflows within five years, emphasizing that the substantial influx would be skewed towards the later years.

Valkyrie’s Latest Move

Valkyrie revised its spot Bitcoin ETF filing on October 30, with an S-1 registration statement submitted to the SEC, outlining the Valkyrie ETF. The proposed fund shares are intended to be listed under the ticker “BRRR” on the Nasdaq Stock Market.

Valkyrie’s updated application is part of a wider trend, as several firms have similarly refiled spot BTC ETF applications, signaling a concerted effort toward regulatory compliance and optimism for approval. Bloomberg ETF analyst James Seyffart has identified these amendments as positive signals for progress and possible imminent approvals.

At the time of going to press, Bitcoin was trading at $34,456. The BTC price was still moving within the rising trend channel in the lower time frames.

Bitcoin price
BTC has formed a rising channel, 2-hour chart | Source: BTCUSD on TradingView.com
Featured image from Shutterstock, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Jake Simmons

Jake Simmons

Follow

Jake Simmons has been a Bitcoin enthusiast since 2016. Ever since he heard about Bitcoin, he has been studying the topic every day and trying to share his knowledge with others. His goal is to contribute to Bitcoin's financial revolution, which will replace the fiat money system. Besides BTC and crypto, Jake studied Business Informatics at a university. After graduation in 2017, he has been working in the blockchain and crypto sector. You can follow Jake on Twitter at @realJakeSimmons.

Full Profile

Related Posts

Bitcoin Mining

Bitcoin Mining Difficulty To Rise For 7th Straight Adjustment Wednesday

4 hours ago
bitcoin

Tether Stacks More Bitcoin With Fresh 8,888 BTC Acquisition Worth $1 Billion

5 hours ago
Bitcoin news

Bitcoin Core Vs Knots Is Old News — Satoshi Fought The Same War 15 Years Ago

12 hours ago
Bitcoin Spot Market Regains Momentum On Binance: A Shift In Investor Behavior

Bitcoin Spot Market Regains Momentum On Binance: A Shift In Investor Behavior

18 hours ago
Bitcoin

Bitcoin Netflow On Binance Turns Negative As Investors Pull Back – Is Supply Drying Up?

20 hours ago
Strategy Bitcoin

Strategy Adds 196 BTC, Holdings Cross 640,000 Bitcoin

1 day ago

Premium Sponsors

Press Releases

  • най-добрите криптовалути

    Най-добрите криптовалути за...

    2 hours ago
  • As the Tapzi Fundraiser Continues to Generate Buzz, Could It Be One of This Year’s Best Crypto Presales?

    As the Tapzi Fundraiser Continues to Generate Buzz, Could...

    5 hours ago
  • 距離上線僅剩3周:Snorter代幣ICO融資突破 415...

    1 day ago
  • 上線倒計時:僅剩25天可搶購 Snorter Bot 代幣

    5 days ago
  • 加密錢包掀起發幣熱潮 Best Wallet...

    1 week ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.