Odaily News The U.S. Securities and Exchange Commission (SEC) stated that Global X’s spot Bitcoin ETF on the Cboe exchange will not be approved until at least December 22. The U.S. SEC has established a comment period for the Global X Bitcoin Trust, which was submitted in partnership with the Cboe BZX exchange, until the end of December. According to a press release issued by the SEC on Friday afternoon, it hopes to receive public comments on the proposal within the next 35 days, which makes the new deadline of December 22. Bloomberg ETF analyst James Seyffert posted on X today that the delay was expected.