SEC will reject all bitcoin spot ETFs in January, says Matrixport analyst
By James Hunt
(The Block)
In contrast to broad market consensus, Matrixport analyst Markus Thielen anticipates that the Securities and Exchange Commission will decline all bitcoin spot ETF proposals in January.
Despite the frequent meetings and updated S-1 prospectuses between filers and the SEC in recent weeks, Thielen pointed out in a report that these applications applications still fall short of a critical requirement that must be met before the SEC can approve them.
