Bloomberg Analyst: SEC has responded to relevant legal issues regarding Bitcoin spot EFT application, and the situation may be improving.
On October 2, Bloomberg analyst Eric Balchunas posted on social media that the U.S. SEC was convening multiple Bitcoin spot EFT applicants to participate in the meeting for discussion. In addition, although the SEC finally postponed its decision on Bitcoin spot EFT last week, it still responded to each applicant on legal and other issues. This broke the typical "delay-delay-cold treatment and then rejection" model. Although the specific The timeline is unclear, but that's a good sign.
On October 2, Bloomberg analyst Eric Balchunas posted on social media that the U.S. SEC was convening multiple Bitcoin spot EFT applicants to participate in the meeting for discussion. In addition, although the SEC finally postponed its decision on Bitcoin spot EFT last week, it still responded to each applicant on legal and other issues. This broke the typical "delay-delay-cold treatment and then rejection" model. Although the specific The timeline is unclear, but that's a good sign.