Bloomberg Analyst: Approval of Spot Bitcoin ETF "Essentially Completed"
Bloomberg analyst Eric Balchunas stated on social media: "The approval process for the spot Bitcoin ETF is essentially complete. Recently, I learned from multiple sources that the final S-1 submission will be due at 8 a.m. Monday, as the SEC is working hard to prepare all applicants for launch on January 11th. That being said, I still hope to hear an official announcement of this decision from the SEC."
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