Nate Geraci, President of the ETF Store and host of the ETF Prime podcast, has brought to light a critical juncture in the potential approval of spot Bitcoin Exchange-Traded Funds (ETFs) by the US Securities and Exchange Commission (SEC). Citing Bloomberg analyst James Seyffart, Geraci’s post on X today underscored the narrow window currently open for the SEC to issue 19b-4 approval orders for a batch of spot Bitcoin ETFs until Friday, November 17.
Spot Bitcoin ETF Approval This Week?
Geraci elaborated, “The spot Bitcoin ETF watch continues! Bloomberg’s James Seyffart explains that a small window is now open where the SEC could issue 19b-4 approval orders.” He stressed the general belief that the SEC would prefer to batch approve spot Bitcoin ETFs to avoid showing favoritism in a highly competitive market. “The consensus is that the SEC will batch approve spot bitcoin ETFs because the agency wants to avoid being perceived as playing kingmaker in an extremely high stakes and a
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