Spot bitcoin ETF applicants have seen their S-1 forms go effective, according to Bitwise CIO Matt Hougan, meaning that trading of these products can get started as early as tomorrow.

The timing matches an earlier release by Grayscale that said it expected the SEC to declare its Form-3 registration statement effective at 5pm ET.

Bitwise posted on X that the Bitwise Bitcoin ETF with the ticker BITB will start trading on January 11.

“We expect significant demand for bitcoin ETFs like BITB,” said Bitwise CEO Hunter Horsley in a statement. “Every year for the past six years, financial advisors have identified ETFs as their preferred way to help clients access bitcoin. Last year, 64% of financial advisors preferred a spot bitcoin ETF over existing vehicles. Across our existing client base of …