Several tweets on Crypto X have fueled hopes that a spot Bitcoin ETF could be approved on Friday, though some analysts don’t think it will happen so soon.
Speculation that the SEC is set to approve a spot Bitcoin (BTC) exchange-traded fund (ETF) on Friday has reached a fever pitch on social media.
A tweet from Grayscale’s legal chief that he was “just filling out some forms,” in addition to a widely shared tweet from a reporter, has fueled speculation that approval could come through within the next day.
Several analysts still expect potential approvals to come next week, however.
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Source: https://cointelegraph.com/news/rumor-mill-heats-hopes-spot-bitcoin-etf-approval-tomorrow