According to Reuters, the U.S. Securities and Exchange Commission (SEC) is expected to announce its decision on the approval of Bitcoin spot Exchange-Traded Funds (ETFs) as early as this week. It is reported that the SEC may notify up to 14 applicants of Bitcoin spot ETFs about their approval status by this Tuesday or Wednesday.
Additionally, Bloomberg analyst James Seyffart predicts that there is over a 90% chance that the SEC will approve a Bitcoin spot ETF by the January 10th deadline.
The schedule of the SEC’s decisions on Bitcoin spot ETF approvals
- January 10: ARK 21Shares
- January 14: Bitwise
- January 15: BlackRock, VanEck, Wisdomtree, Invesco & Galaxy, Fidelity
- January 17: Valkyrie
- January 24: Hashdex, Franklin
