Express

Bloomberg Analysts Point to 8-Day Window Beginning Nov. 9 in Which All 12 Spot Bitcoin ETFs Could See Approval

Katie Lin

Summary: The U.S. Securities and Exchange Commission (SEC) may approve all 12 spot Bitcoin ETF applications during an eight-day window between November 9 and November 16, according to a Nov. 8 post on X by Bloomberg analysts James Seyffart and Eric Balchunas. Even if there is no approval this month, "we still believe there is a ...

The U.S. Securities and Exchange Commission (SEC) may approve all 12 spot Bitcoin ETF applications during an eight-day window between November 9 and November 16, according to a Nov. 8 post on X by Bloomberg analysts James Seyffart and Eric Balchunas.

Even if there is no approval this month, "we still believe there is a 90% chance of approval on January 10," Seyffart and Balchunas added.

According to previous reports, the SEC had simultaneously issued delay orders for BlackRock, Bitwise, VanEck, WisdomTree, Invesco, Fidelity and Valkyrie.

Author: Katie Lin

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 4 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 1 day ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • You need to login to comment.