Will the SEC approve VanEck's Bitcoin ETF?

The United States Securities and Exchange Commission (SEC) has acknowledged VanEck’s application for their bitcoin exchange-traded fund (ETF). Now a 45-day countdown has started awaiting a response to the ETF filing. Before the end of this period, the SEC will have to approve, deny, or extend the review period. Extending the review period could mean another 240 days of nailbiting.
Source: Igaming