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TechFlow news — Bloomberg ETF analyst James Seyffart said on social media that if bitcoin ETFs are approved this cycle, it is more likely to happen around January next year rather than within the current time window.
He noted that even with approval under the 19b-4 process, since a parallel S-1/S-3 approval process is also required, bitcoin ETFs might not officially launch for several days, weeks, or even months after the initial approval.
Bloomberg ETF analyst James Seyffart said on social media that if bitcoin ETFs are approved in this round, they are more likely to be approved around January next year rather than within the current time window. He noted that even with approval under the 19b-4 process, because a parallel S-1/S-3 approval process is also required, bitcoin ETFs may not actually launch for several days, weeks, or even months after the 19b-4 approval.
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