All spot Bitcoin ETF applications may be approved at the same time

Stuart Barton, the cryptocurrency ETF expert and Chief Investment Officer of Volatility Shares, predicts that all applications for spot Bitcoin exchange-traded funds (ETFs) submitted to the U.S. Securities and Exchange Commission (SEC) may be approved at the same time. In June, Volatility Shares' 2x Bitcoin Strategy ETF (BITX) became the first leveraged cryptocurrency ETF in the United States. Volatility Shares was also the first company to submit an Ethereum futures ETF application. Barton said, "We applied first, but we did not have a first-mover advantage when all applications were approved at once. This is a precedent-setting event, and the SEC may follow this pattern when considering spot Bitcoin ETFs."