According to TechFlow, Bloomberg analysts James Seyffart and Eric Balchunas tweeted that the SEC will open a short window on November 9 and may approve all 12 Bitcoin spot ETFs, including Grayscale's GBTC. The window will be open for at least eight days and will end on November 17.
But in theory, the SEC can make a decision on nine of these ETFs at any time between now and January 10, 2024. However, even if it is not approved this month, it still believes that there is a 90% chance that the Bitcoin spot ETF will be approved on January 10 next year.
