Galaxy Digital founder: The SEC is expected to approve the spot Bitcoin ETF by January 10

ChainCatcher news, according to Cryptoslate, Galaxy Digital founder Mike Novogratz stated that the U.S. Securities and Exchange Commission (SEC) is expected to approve the spot Bitcoin ETF by January 10, 2024. This is the deadline before SEC Chairman Gary Gensler gets entangled in the Grayscale lawsuit, so I believe we will see this news announced beforehand. It may then take six to eight weeks before trading begins.