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Analyst: If the SEC intends to approve 12 spot Bitcoin ETFs this year, the window period will end on November 17

According to Bloomberg ETF analyst James Seyffart's post on the X platform: "I have released a new study today. We still believe that there is a 90% chance of approval for the spot Bitcoin ETF application before January 10th. But if it is approved in advance, we will enter a window period during which all current applications may be approved."

Seyffart also said that the SEC has issued delay orders to BlackRock, Bitwise, VanEck, WisdomTree, Invesco, Fidelity, and Valkyrie. If the SEC intends to approve all 12 spot Bitcoin ETF applications this year, it only has one short window period left.

This window period will end on November 17th. However, theoretically, the SEC can make decisions on the first 9 companies on the list at any time from now until January 10, 2024.

Previously on October 14th, Bloomberg ETF analysts Eric Balchunas and James Seyffart raised the possibility of approval for the spot Bitcoin ETF before January 10th, 2024 to 90%.

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