Bloomberg Analyst: SEC may approve the options product of spot Bitcoin ETF within 60 days at the earliest

Bloomberg analyst James Seyffart posted on the X platform, stating that the New York Stock Exchange (NYSE) had previously submitted a 19b-4 application document, aiming to apply for the listing of spot Bitcoin ETF option products. In theory, the SEC can handle this issue and approve it quickly (the first deadline is within 60 days), but it may also be repeatedly postponed until the end of September or early October. However, James Seyffart stated that the SEC still has the possibility to reject approval of this product.