SEC’s first window to approve all 12 spot Bitcoin ETFs has begun

The United States Securities and Exchange Commission could approve all 12 Pending spot Bitcoin ETF applications Within the next several days the reason For this brief window is that when the SEC extended the deadline for a number Of the pending spot Bitcoin ETF filings It selected November 8th as the final Day of the comment period on November 17th the comment period for three Filings the global X Bitcoin trust hash Deex Bitcoin ETF and Franklin Bitcoin ET PF is scheduled to recommence meaning That they wouldn't be approved or denied Until after November 23rd at the Earliest while the approval of a spot Bitcoin ETF is in no way guaranteed Analysts predict a 90% chance of an Approval sometime before January 10th 2024 as the perceived odds of a Bitcoin ETF being approved have increased so too Has optimism in the crypto market with The price of Bitcoin gaining more than 30% in the last 3 months

Coinbase
OUR TAKE

Coinbase is a popular cryptocurrency exchange. It makes it easy to buy, sell, and exchange cryptocurrencies like Bitcoin. Coinbase also has a brokerage service that makes it easy to buy Bitcoin as easily as buying stocks through an online broker. However, Coinbase can be expensive due to the fees it charges and its poor customer service.

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