Commodity strategist predicts Bitcoin ETF could get the nod in US next month

Cointelegraph

Published Sep 22, 2021 01:18AM ET

Updated Sep 22, 2021 03:00AM ET

Bloomberg Intelligence Commodity Strategist Mike McGlone believes it is only a matter of time before the U.S. Securities and Exchange Commission (SEC) approves the country’s first Bitcoin exchange-traded fund (ETF).

In an interview with Stansberry Investor host Daniela Cambone on Sept. 21, McGlone asserted that Canada is extending a competitive lead over the United States after approving Bitcoin ETFs from 3iQ and Coinshares in April.

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