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. 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. Their reasoning stems from the fact that when the SEC granted an extension for pending ETF applications, ... (full story)