The SEC is likely to issue a delay order on three spot Bitcoin ETF applications, and the delay will not change approval expectations
Bloomberg analyst James Seyffart stated on X platform that we are approaching the deadline for three Bitcoin ETF applications for spot trading. It is highly likely that we will see a delay order from the US Securities and Exchange Commission (SEC), but the delay will not change our views, and there is a 90% chance that 19b-4 will be approved before January 10, 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum’s ETH/BTC Pair Faces Potential Downturn Amid Weak Market Signals for 2025
Austrian Bank Raiffeisen Bank Invests Millions of Euros in Crypto Tax Firm Blockpit
Enso is now available on Sonic Network
Yesterday, ARKB had a net outflow of $9 million, and Grayscale ETH had a net outflow of $9.3 million
Trending news
MoreCrypto prices
More
