BlackRock: Has not yet received any notification from the U.S. SEC regarding the approval of its Bitcoin spot ETF

ChainCatcher news, according to Fox Business reporters Eleanor Terrett and Charles Gasparino, although the SEC's actions are difficult to predict, the likelihood of approval early this week is low considering that the SEC still needs to review and comment on the S-1 forms submitted last Thursday and Friday. Terrett noted that based on her communication with the issuers, the SEC may notify the issuers of the final submission date for the S-1 forms after this round of review, and make it effective within the following 24-48 hours, similar to the approval timeline for Ethereum futures last October.

At the same time, Charles Gasparino learned from BlackRock that the firm has not yet received any news from the SEC.