Odaily Planet Daily News Bloomberg analyst James Seyffart said on X platform that Franklin Templeton has updated its prospectus for its spot Bitcoin ETF with the SEC. Earlier that day, James Seyffart said that Franklin Templeton was the only applicant who had not submitted a modified S-1 application, and the SEC had opened a comment period on its application. Scott Johnsson, a general partner at Van Buren Capital, said in an X post, "They may choose to do this early so that they can end the comment period before January 10 and approve all applications at the same time."

The SEC has postponed its decision on whether to approve or reject proposals for two bitcoin ETFs, the Franklin Bitcoin ETF and the Hashdex Bitcoin Futures ETF. Bloomberg ETF Analyst James Seyffart has suggested that the SEC may be preparing to approve a batch of bitcoin ETFs in early January by delaying decisions until now. The SEC has requested public comments on issues such as the potential for manipulation of the funds and underlying bitcoin markets. The final decision on whether to approve or reject the proposed rule change will be made by January 1, 2024, and interested parties have 21 days to submit initial comments to the SEC.