On Wednesday, Bloomberg Intelligence ETF Analyst James Seyffart delivered the latest news on BTC-spot ETFs, saying,
“This window for all 12 ends by 11/17. But theoretically, SEC could make a decision on the first 9 on this list at any point from now until January 10, 2024.”
Seyffart provided a detailed list of the BTC-spot ETFs in question. The list included S-1A filing status and the deadline dates for approval, from the first to the final deadline.
According to the list, Hashdex Bitcoin ETF and Franklin Bitcoin ETF have a first deadline of November 17, 2023. The second deadline of November 21, 2023, is for Global X Bitcoin Trust (Global X). However, the final deadline for the decision on Hashdex Bitcoin ETF and Franklin Bitcoin ETF is May 30, 2024.
BTC Spot ETF DeadlinesSeyffart also released a new research note on the progress toward a BTC-spot ETF market, saying,
“We still believe 90% chance by Jan 10 for spot Bitcoin ETF approvals. But if it comes earlier we are entering a window where a wave of approval orders for all the current applicants *COULD* occur.”
The latest updates fueled buyer appetite for BTC and ETF early in the trading session on Thursday. BTC struck an early high of $36,598, with ETH reaching $1,926.
Bullish Signals for DOGE as 100k+ Addresses Climb Higher
On Thursday, DOGE was up 1.06% to $0.0760. An upswing in wallets holding 100k+ DOGE sends bullish price signals.
According to Coinmarketcap, wallet addresses holding 100k+ DOGE increased from 2.84k on October 1 to 3.30k on November 6. Notably, wallets with between 1k and 100k DOGE increased from 154.67k to 173.61k over the same period.
Looking at the trends, a break above the July 23 high of $0.0838 would bring April levels into play. DOGE struck a high of $0.1048 on April 3, 2023.