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TLDR, I think
An ETF cannot be approved whilst it is in the comment period
If the SEC wants to be 'fair' and approve all spot applications at the same time then it would have to do so when there are no outstanding filings in a comment period
Which is between 9th-17th Nov, after the current comment periods end and before new ones begin - or early Jan 2024
DYOR | NFA 🎢