Former BlackRock managing director Steven Schoenfield said during a London conference that the United States SEC will approve all Bitcoin spot ETF at once in three to six months.
The US SEC has received more than 10 applications for a spot in Bitcoin ETF including from Grayscale, Blackrock, Franklin Templeton, Fidelity, Invesco, and Wisdomtree among many others.
The clock is ticking for the United States Securities and Exchanges Commission (SEC) to end its delay for a spot Bitcoin ETF and experts believe it could coincide with the fourth halving during the first half of 2024.
According to a former BlackRock managing director, Steve Schoenfield – who now is the Chief Executive Officer (CEO) of MarketVector Indexes – the US SEC has between three to six months to act within the law and approve the list of spot Bitcoin ETFs presented by fund managers with cumulative assets under the management of over $17 trillion.
According to Schoenfield, during a London conference, the US SEC is lik

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