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Bloomberg Analyst: SEC Could Approve Options for Spot Bitcoin ETF Within 60 Days

Bloomberg Analyst: SEC Could Approve Options for Spot Bitcoin ETF Within 60 Days

2024/01/16 22:23
BTC-0.19%XOLDTOKEN0.00%

Bloomberg analyst James Seyffart stated on X platform that the New York Stock Exchange (NYSE) had previously submitted a 19b-4 application seeking approval for options products linked to a spot Bitcoin ETF. Theoretically, the SEC could expedite the approval process, with the first deadline within 60 days. However, there's also the possibility of repeated delays, potentially extending until late September or early October. Seyffart noted that the SEC still holds the option to reject the product.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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