SEC Has 8-Day Window to Potentially Approve All Pending Bitcoin Spot ETFs Before Delays
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SEC has an 8-day window from Nov. 9-17 where it could potentially approve all 12 pending spot Bitcoin ETF applications.
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This window exists because the SEC set Nov. 8 as the deadline for comments on several filings.
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After Nov. 17, 3 more filings will reopen their comment periods, delaying decisions.
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Bloomberg analysts predict a 90% chance of spot Bitcoin ETF approval by Jan. 10.
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Grayscale has reportedly been in talks with the SEC about converting its GBTC trust into an ETF.