Anticipation of spot bitcoin exchange-traded fund (ETF) approvals by the U.S. Securities and Exchange Commission (SEC) remains high, but the securities regulator reportedly still has a lot of paperwork to go through. While some speculate on a late-week announcement, others expect it early next week as the Jan. 10 deadline approaches.
SEC Still Has Lots of Spot Bitcoin ETF Paperwork to Sort Through
Anticipation of an imminent decision by the U.S. Securities and Exchange Commission (SEC) that could finally unlock the U.S. spot bitcoin exchange-traded fund (ETF) market drove the price of bitcoin above $45,000 on Tuesday.
Bloomberg analyst James Seyffart shared on social media platform X details of spot bitcoin ETFs that the SEC is currently considering. “Here’s a view of the Cointucky Derby starting gate as of this morning. We’re focused on these 11 spot bitcoin ETF filers. Expecting most of these N/A’s to be filled over the next ~week.” He added that he is expecting the SEC to
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