Some industry watchers argue that the approval of spot bitcoin ETFs may occur within a three-day period in January, based on recent moves by the US Securities and Exchange Commission.

Bloomberg Intelligence analyst James Seyffart said in a Friday X post the approval of spot bitcoin ETFs — should the SEC choose to change its decade-long stance by greenlighting such products — could come between Jan. 8 and Jan. 10. 

Those following spot bitcoin ETF developments have looked ahead to Jan. 10 — the deadline for the SEC to rule on a proposal by Ark Invest and 21Shares. 

An approval order could come before this date. But some believe the SEC would allow a bunch of bitcoin ETFs to…

Read more on Blockworks