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Bloomberg Analyst: SEC May Announce Approval of Spot ETF on Wednesday Afternoon, 4-5 PM Eastern Time

Bloomberg Analyst: SEC May Announce Approval of Spot ETF on Wednesday Afternoon, 4-5 PM Eastern Time

2024/01/09 23:02

Bloomberg analyst Eric Balchunas stated on his social media that an SEC spokesperson informed Bloomberg that the spot Bitcoin ETF has not yet been approved. Perhaps someone prematurely posted a pre-written tweet a day earlier because I heard they plan to announce the approval between 4-5 PM Eastern Time on Wednesday (corresponding to 5:00 AM-6:00 AM Thursday Beijing time).

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