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<ul class="news-points"> 
 <li><strong>Steven Schoenfield predicts the SEC will approve spot ETFs within three to six months.</strong></li> 
 <li><strong>Schoenfield also anticipated an estimated inflow of up to $200 billion to follow the approvals.</strong></li> 
 <li><strong>The industry expert stated this at the recent CCData Digital Asset Summit hosted in London.</strong></li> 
</ul> 
<p>The US <a href="https://coinedition.com/tag/sec/">Security and Exchange Commission (SEC)</a> will approve spot Bitcoin Exchange Trust Funds (ETFs) within three to six months, according to Steven Schoenfield, a former BlackRock managing director. Schoenfield also predicted an estimated inflow of up to $200 billion to follow the spot ETF approval.</p> 
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   <p lang="en" dir="ltr">JUST IN:<br><br>Schoenfield, the former director of BlackRock said that the SEC will approve spot Bitcoin ETFs within 3 to 6 months. He also said there could be capital inflows of up to $200 billion.</p>— Whale (@WhaleChart) <a href="https://twitter.com/WhaleChart/status/1709619275881668785?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 4, 2023</a>
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<p>Schoenfield, now the CEO of MarketVector Indexes, made the statement during a recent panel discussion on ETFs at the CCData Digital Asset Summit hosted in London. Also present at the event was ex-BlackRock director Martin Bednall, now the CEO of Jacobi Asset Investment.</p> 
<p>Before Schoenfield’s prediction, Bednall had speculated that the SEC would likely approve a…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/the-sec-will-approve-spot-etfs-within-3-to-6-months-opinion/">The SEC Will Approve Spot ETFs Within 3 to 6 Months: Opinion</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

The SEC Will Approve Spot ETFs Within 3 to 6 Months: Opinion

Coin Edition

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