The SEC delays its decision on several proposals for spot Bitcoin exchange-traded funds once again.
This isn’t the first time the SEC has pushed back decisions on Bitcoin ETFs.
In August, the SEC estimated a 75% probability of a spot Bitcoin ETF approval by the end of 2023.
optimism was fueled by the U.S. Court of Appeals Circuit’s decisive ruling in favor of Grayscale over the SEC, suggesting a more favorable environment for such approvals.
The SEC must reach a final decision by mid-March at the latest.
Optimism Around Bitcoin Spot ETF Approval Grows Earlier this year, Balchunas raised the odds to 95%.
So far, the US SEC has not approved any Bitcoin spot ETF
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