Odaily News analysis said that before the spot Bitcoin ETF can start trading, two technical requirements must be met. First, the SEC must approve the 19b-4 filing submitted by the exchange listing the ETF; second, the SEC must approve the related S-1 form. The SEC plans to vote on the exchange’s 19b-4 filing in the coming days. It is unknown whether the SEC will take action on the issuers application (S-1) at the same time. If the SEC approves a spot Bitcoin ETF, the ETF could begin trading as early as the next business day. An SEC representative declined to comment on the current status of the filing. (Bloomberg)