Former BlackRock Managing Director and current CEO of MarketVector Indexes, Steven Schoenfield, stated at the CCData Digital Asset Summit in London that the US Securities and Exchange Commission (SEC) will need "three to six months" to approve a Bitcoin spot ETF. Schoenfield said, "I think the SEC may approve all ETF applications at the same time. They don't want to give anyone an advantage. They haven't completely rejected any on the entire list, but have sought opinions. This is a small but significant step forward."
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Former BlackRock Managing Director: Spot Bitcoin ETF Expected to Be Approved Within 3–6 Months
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