Bitcoin ETF Deadline Approaches: SEC Struggles With Paperwork
Summary
The SEC is facing a large amount of paperwork ahead of the January 10 deadline for the spot Bitcoin ETF approval. Approval by January 5 seems unlikely due to the workload. Speculation about imminent approval has been circulating, but sources suggest a potential delay until the end of the week or early next week. Analysts predict approval closer to the January 10 deadline. The BTC price is currently up 7% at $45,380.
