A Bitcoin ETF could finally start trading in the U.S.—possibly as soon as next week—after 10 years of the U.S. Securities and Exchange Commission saying no to the investment vehicle. 

The long list of high-profile applicants have been fine tuning their S-1 filings and analysts at Bloomberg have said a launch now has a 90% chance of happening by January 10. 

If it happens, it means traditional retail investors will at last have a way to gain exposure to Bitcoin without having to buy and store the digital asset directly. In other words, they could invest in Bitcoin without fussing with cryptocurrency exchanges, digital wallets, and seed phrases.

Opinions on what a Bitcoin ETF will do for the crypto market range from a monumental influx of Wall Street money to nothing extraordinary at all, depending on whom you ask. 

So what’s to be expected? Here are three possible scenarios.

What if a Bitcoin ETF doesn’t get approved? 

The SEC could still technically deny the product—but that’s unlikely, experts told Decrypt. The SEC has spent the best part of a decade refusing the vehicle, saying that because Bitcoin is largel

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Author: Mathew Di Salvo

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