Options data from Greeks.live shows that the implied volatility for Jan. 12 options, closely tied to the prospective launch of a spot BTC ETF, decreased instead of rising.
Chief data protection officer and vice president of legal, commercial and product at Yellow Card, Lasbery Oludimu, emphasized that the central bank guidelines could encourage collaboration with traditional financial institutions to explore opportunities within the crypto space.
Seven of the 13 applicants for spot Bitcoin ETFs filed revised S-1s with the SEC on the day of the deadline. An official decision is expected by Jan. 9, and trading should begin around Jan. 11. If a launch is approved, issuers may be notified as soon as Jan. 3.
Some analysts say that holding actual Bitcoin is in the “best interest” of ETF issuers, while others argue that the cash-create model won’t allow one to track BTC holdings.
The SEC wants to minimize the number of intermediaries in spot Bitcoin ETFs to make them a “little more controllable,” Bloomberg ETF analyst Eric Balchunas said.
The Council of Europe’s Intergovernmental Steering Committee on Media and the Information Society adopted new guidelines for the responsible implementation of AI systems in journalism practices.