Прогресс одобрения SEC: Morgan Stanley придется ждать Bitcoin ETF до середины или конца марта?

【BlockBeats】According to industry insiders, the US SEC has clear procedures for approving new ETF products. Taking Morgan Stanley’s Bitcoin ETF as an example, starting from formal application submission, regulatory authorities typically require a 75-day review cycle. This means that if the application is submitted around December, results would not come until mid-March at the earliest.

Analysts point out that this time window is crucial for market participants. The approval of spot Bitcoin ETFs often brings new capital inflows, and Morgan Stanley’s participation as a traditional finance giant is seen as an important signal of institutional capital entering the crypto market. Many investors are closely monitoring this approval progress, as products launched by large investment banks typically indicate changes in market direction.