In an Oct 18. interview, Mike Novogratz, the CEO of Galaxy Digital, expressed confidence in the impending approval of a spot Bitcoin exchange-traded fund (ETF), saying, “Yeah, it’s gonna get approved.”
Speaking on SquawkBox, Novogratz emphasized the perceived shift in the U.S. Securities and Exchange Commission’s (SEC) stance on such ETFs. According to the CEO, significant progress has been made in the dialogue with the SEC, pointing towards an approval soon, potentially in 2023.
Novogratz…