The reason for the early rise was that the SEC officially recognized Franklin Templeton’s Bitcoin spot ETF application.
The main thing we need to remember is that this does not mean the ETF is approved. After acknowledging [acknowledges] ETF application, SEC has 45 days to make a decision
They can approve, deny or extend the application. The SEC can extend the review period to about 240 days, which also means that a final decision may be made as late as May 2024.
Non-farm payrolls are coming this week, Friday night at 8:30
The main thing we need to remember is that this does not mean the ETF is approved. After acknowledging [acknowledges] ETF application, SEC has 45 days to make a decision
They can approve, deny or extend the application. The SEC can extend the review period to about 240 days, which also means that a final decision may be made as late as May 2024.
Non-farm payrolls are coming this week, Friday night at 8:30
