Will the Spot Bitcoin ETF Be Approved in 2023? Mike Novogratz Commented

Mike Novogratz suggested that there are four to six months left before the spot Bitcoin ETF is approved.
Mike Novogratz, founder of Galaxy Digital and an outspoken advocate of bitcoin, believes the spot BTC ETFs offered by BlackRock and Invesco could come to light in the next four to six months. Eric Balchunas (senior ETF analyst at Bloomberg), Novogratz 's company's earnings call on August 8, shared some of the comments he made.
The CEO of Galaxy Digital has said from Invesco and BlackRock that the US Securities and Exchange Commission (SEC) will greenlight spot Bitcoin ETFs that both companies plan to launch in the US in the next four to six months. He said he had inside information. . He called such an event "a big, big deal." He also claimed that his firm will aim to capture the majority of market share once ETFs go live:
“Once approved, we will fight like cats and dogs to gain market share.”
Novogratz also noted that Larry Fink (CEO of BlackRock) has drastically changed his stance on bitcoin over the past few years.
It is interesting that the leader of the world's largest asset manager described the primary cryptocurrency in 2017 as the “money laundering index”. He doubled down on his hostile view in 2020 and suggested that the development of BTC could undermine the dominance of the US dollar as the world's reserve currency.
Things apparently changed in 2022 when BlackRock announced that it would begin examining digital currencies, stablecoins, and underlying technologies to understand how they can assist their customers with service. After the reviews, it was switched to the pro-crypto side.
Fink likened Bitcoin to digital gold. He also said that #Bitcoin is an “international asset” that will act as a hedge against inflation.
Novogratz's Previous Prediction
Novogratz stated in July that the SEC will most likely give positive approval to the launch of a spot BTC ETF. While not providing a possible time frame for such a development, he thought there could be a "seal of approval" from the SEC and the US government that bitcoin is an asset.
He also predicted that the price of the leading digital currency would rise by the end of 2023 due to a possible return from the Federal Reserve. Still, the US central bank raised interest rates another 0.25% at its last FOMC meeting, casting doubt on whether this was the end of its aggressive anti-inflationary policy.