TechFlow reports, Bloomberg analysts James Seyffart and Eric Balchunas tweeted that the SEC will open a brief window on November 9, potentially approving all 12 spot Bitcoin ETFs, including Grayscale's GBTC. This window will remain open for at least eight days, ending on November 17.
Theoretically, however, the SEC could make decisions on nine of these ETFs at any time between now and January 10, 2024. Even if approvals are not granted this month, they still believe there is a 90% chance that spot Bitcoin ETFs will be approved by January 10 next year.
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