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On February 20, the SEC filed a notice of consideration for the Chicago Board Options Exchange application for the SEC to list a Bitcoin ETF.

The SEC now has 45 days, to a maximum of 90 days to make a decision about whether or not to allow the ETF to launch.

“Within 45 days of the date of publication of this notice in the Federal Register or within such longer period up to 90 days (i) as the Commission may designate if it finds such longer period to be appropriate and publishes its reasons for so finding or (ii) as to which the Exchange consents, the Commission will:
A. by order approve or disapprove such proposed rule change, or
B. institute proceedings to determine whether the proposed rule change should be disapproved.”

United States Securities and Exchange Commission (SEC)

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