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.
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