“Bitcoin ETFs are coming,” said former BlackRock executive

Two former BlackRock executives said at the conference they attended in London that Bitcoin spot ETFs are now at an end. Steven Schoenfield, one of these people, also gave time on the subject and stated that ETFs will be accepted within 3 to 6 months.
Another former BlackRock executive, Martin Bednall, also stated that he thought all Bitcoin spot ETFs would be approved at the same time and that the SEC did not want to give any company the upper hand in this sense.
“An unusual move from the SEC”
Schoenfield also said his immediate prediction was between 9 and 12, but he lowered the timeframe due to the SEC's recent delays. The manager explained the reason for this as follows:
“Instead of rejecting all applications, the SEC requested comment. This was a move from the SEC that we are not used to. But it was also a very important step in terms of communication between the parties. They also have a Grayscale case that they lost. For this reason, I think they will approve the conversion of GBTCs into ETFs.”
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