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TechFlow news, on October 2, Bloomberg analyst Eric Balchunas posted on social media that although the SEC postponed the spot Bitcoin applications last week, it sent comments on the S-1 filing documents to issuers, addressing issues related to infrastructure and legal matters. This differs from the typical pattern of delay, silence, and then rejection, and he considers this a positive sign, though the timeline remains unclear.
On October 2, Bloomberg analyst Eric Balchunas posted on social media stating that although the SEC postponed the spot Bitcoin applications last week, it sent comments to issuers regarding their S-1 filing to address issues related to infrastructure and legal matters. This differs from the typical pattern of delay, silence, and then rejection, and he considers this a positive sign, although the timeline remains unclear.
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