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23 April 2021

Todd Rosenbluth: It Will Be 1-2 Years Before the U.S. Approves a BTC ETF | Live Bitcoin News

Todd Rosenbluth: It Will Be 1-2 Years Before the U.S. Approves a BTC ETF | Live Bitcoin News


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Todd Rosenbluth – head of ETF and mutual fund research at CFRA Research – mentioned in a recent interview that he thinks a bitcoin or crypto-based exchange-traded fund will appear in the United States within the next year or two.

However, the fact that Rosenbluth believes it will be another 12 to 24 months before anything serious happens tells us that perhaps the SEC is still slow in its reaction times.

He acknowledges that while bitcoin is more popular than ever, his own company likely is not going to incorporate any BTC into its ETF proposals due to beliefs that they will not garner approval at this time.

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