Bloomberg analysts: There may be a window for the SEC to approve 12 Bitcoin spot ETFs before November 17

ChainCatcher news, Decrypt cites Bloomberg analysts James Seyffart and Eric Balchunas, stating that starting from November 9, there will be a small window during which the U.S. Securities and Exchange Commission (SEC) could approve 12 pending Bitcoin ETF applications.

Reportedly, the analysts pointed out that when the SEC extended the deadline for pending ETF applications, it chose November 8 as the last day for rebuttals. Therefore, from now until November 17, the SEC could also approve several ETFs, but requires all ETFs to start trading on the same day.