Analyst: If the SEC intends to approve 12 spot Bitcoin ETFs this year, the window period will end on November 17
2023-11-09 00:38:33
Odaily News Bloomberg ETF analyst James Seyffart posted on the X platform: I released a new research today. We still believe that by January 10, there is a 90% probability of spot Bitcoin ETF applications being approved. But if It is an early approval situation, and we will enter a window period during which all current applications may be approved. Seyffart also said that the SEC also issued notices to BlackRock, Bitwise, VanEck, WisdomTree, Invesco, Fidelity and Valkyrie. Delay command. If the SEC intends to approve all 12 spot Bitcoin ETF applications this year, it has only one final short window left. This window will end on November 17. But in theory, the SEC could make a decision on the first nine companies on the list at any time between now and January 10, 2024. According to previous news on October 14, Bloomberg ETF analysts Eric Balchunas and James Seyffart increased the possibility of a spot Bitcoin ETF being approved before January 10, 2024 to 90%.
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