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Zenger
Zenger
Mehab Qureshi

Bitcoin, Ethereum, Dogecoin Surge As Dozen BTC ETFs Have ‘Brief Window’ For SEC Approval: Analyst Predicts Apex Crypto To Rally Above $600K, Says ‘It’s Closer Than You Think’

Major cryptocurrencies experienced a significant surge on Wednesday evening amid anticipation surrounding the upcoming decision by the Securities and Exchange Commission (SEC). Starting tomorrow, a limited time frame will emerge, within which the approval of 12 pending Bitcoin ETF applications could potentially take place. JAKUB PORZYCKI/GETTY IMAGES

Major cryptocurrencies experienced a significant surge on Wednesday evening amid anticipation surrounding the upcoming decision by the Securities and Exchange Commission (SEC). Starting tomorrow, a limited time frame will emerge, within which the approval of 12 pending Bitcoin ETF applications could potentially take place.

What Happened: The BlackRock iShares Spot Bitcoin ETF and the conversion of the Grayscale Bitcoin Trust could potentially receive approval, as suggested by Bloomberg analysts James Seyffart and Eric Balchunas.

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