People familiar with the matter: SEC approval of spot Bitcoin ETF early this week is unlikely
On January 2nd, Fox Business reporters Eleanor Terrett and Charles Gasparino revealed that although the actions of the SEC are difficult to predict, considering that the SEC still needs to review and comment on the S-1 form submitted last Thursday and Friday, it is unlikely to be approved at the beginning of this week. Terrett pointed out that based on her communication with the issuer, the SEC may notify the issuer of the final submission date of the S-1 form after this round of review, and make it effective within the following 24-48 hours, similar to the approval timeline of Ethereum futures in October last year.
At the same time, Charles Gasparino learned from BlackRock that the organization has not yet received any news from the SEC.
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.
You may also like
New spot margin trading pair — HOLO/USDT!
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn
- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.
OPEN has dropped by 189.51% within 24 hours during a significant market pullback
- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.
New spot margin trading pair — LINEA/USDT!
Trending news
MoreCrypto prices
More
