Novogratz Says Bitcoin ETF Will Be Approved This Year by the SEC
- Grayscale court victory is significant, Galaxy head says
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Michael Novogratz says he expects the US Securities and Exchange Commission will finally approve exchange-traded funds that invest directly in Bitcoin this year.
“It’s gonna get approved,” Novogratz, the founder and chief executive officer of Galaxy Digital Holdings Ltd., said during an interview on CNBC. “We actually think it’s gonna happen in 2023.”