TechFlow news, according to The Block, Martin Bednall, former executive at BlackRock, said at the CCData Digital Assets Summit that the SEC might approve all spot Bitcoin ETF applications simultaneously.
Steven Schoenfeld, CEO of MarketVector Indexes under VanEck, also expressed agreement, stating approvals could be finalized within the next three to six months, as the SEC has recently refrained from outright rejecting ETF applications and instead requested public comments.
Schoenfeld added that the SEC's recent loss in the Grayscale case implies it may now have to allow Grayscale’s Bitcoin Trust to convert into a spot Bitcoin ETF.
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