Without the shadow of a doubt, a Spot Bitcoin ETF could have a massive effect on the activation of retail investors. As a result, amongst those in the African diaspora that awaits and anticipates such a decision by the US SEC.
The speculation around a decision concerning a spot Bitcoin ETF has been growing in anticipation for 2024. Indeed, Mike Novogratz, the CEO of Galaxy Digital enlightened his opinion to CNBC claiming to take advantage of the drop-dead date for SEC Chair Gary Gensler’s premise he has clearly stated for US Securities and Exchange Commission’s (SEC) ISSUANCE of approval before January 10th on certain ETF applications from upcoming issuers seeking to bring the very first Spot Bitcoin ETF in the United States. Furthermore, Novogratz added His belief that the potential investment product could have a significant impact by stimulating,spearheading the activation of retail investors around a potential qpproval by the United States SEC, That is, consequently within Nigerian and African diaspora rooted communities alike.</em
