Delayed Approval: Bitcoin ETF Unlikely Before Mid-January

SEC Decision on Spot Bitcoin ETFs Expected on Jan. 10: Analysts

Options trading analysts have pointed to January 10th as a crucial date for a Securities and Exchange Commission (SEC) decision on spot Bitcoin ETFs. There has been speculation about whether all applications will be rejected. The market has been eagerly awaiting the SEC’s decision on the 14 spot Bitcoin ETF applications, which were filed by both traditional finance giants like BlackRock and crypto-native entities like Hashdex. Previous applications for similar products have been rejected by the SEC, but recent developments have fueled optimism for a different outcome this time.