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BTC Price Pushes Towards $36K Ahead of 2023's Last Approval Period for Bitcoin ETFs

Analysts at Bloomberg predict that if a spot bitcoin ETF is not approved in this period, there’s still a 90% chance for approval by Jan. 10.

By Helene Braun|Edited by Nikhilesh De

Updated Mar 8, 2024, 5:10 p.m. Published Nov 8, 2023, 8:34 p.m.

Chair Gary Gensler's U.S. Securities and Exchange Commission has one last short window, an eight-day period starting Thursday, if it wants to approve all 12 spot bitcoin (BTC) ETF applications in the same window this year. (Jesse Hamilton/CoinDesk)