BlackRock expects the SEC to approve a BTC spot ETF on Tuesday, according to Fox Business.
According to a report by cryptocurrency media outlet The Block, BlackRock, the world's largest asset manager, anticipates that the U.S. Securities and Exchange Commission (SEC) will approve a bitcoin spot ETF on October 10th. Last week, Coinis reported that 11 bitcoin spot ETF applicants, including BlackRock, Grayscale, Valkyrie, Ark 21 Shares, and Invesco, filed amendments to their 19b-4 filings with the SEC, which is a formal request for review.