Odaily News Eric Balchunas, Bloomberg ETF analyst, told Space that in the case of the Bitcoin spot ETF, the SEC contacted the applicant more than 90 days before the deadline, so when the date approaches, if there is no voice, the probability of approval is naturally reduced. Previously, some politicians were very dissatisfied with the success of the Bitcoin spot ETF and wrote to (SEC Chairman) Gary never to do this again. Although the approval of the Ethereum spot ETF still needs to be discussed, the 180-degree turn in politics has surprised even the staff, which is very unusual.