Galaxy CEO Mike Novogratz said on an earnings call this morning that, according to contacts from BlackRock and from Invesco, the approval of spot Bitcoin ETFs is "a question of when, not if", and will probably be realized within the next four to six months.
Last month, the US Securities and Exchange Commission (SEC) started review of six spot Bitcoin ETF applications. The initial deadline for the decision is 45 days, but it can be extended up to 240 days.
To learn more about spot Bitcoin ETFs, please visit: Journey to Spot Bitcoin ETFs
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