Odaily News: Bloomberg senior ETF analyst Eric Balchunas tweeted that Galaxy CEO Mike Novogratz stated during a conference call on financial results this morning that a Bitcoin spot ETF is likely to be approved in the next "four to six months," according to "sources" from BlackRock and Invesco.



Prior to this, Cathie Wood, the founder of ARK Invest and also known as "Wood Sister," predicted in an interview with Bloomberg that she expects the U.S. SEC not to make a decision on the company's Bitcoin spot ETF by the deadline (August 13). However, she believes that if the SEC approves a Bitcoin ETF, "it will approve multiple ETFs at once. Most of these ETFs are essentially the same."