The U.S. Securities and Exchange Commission (SEC) is expected to delay its decision on ARK Invest's Bitcoin spot ETF application, but Bitcoin investors remain unconcerned. Industry figures, including Mike Novogratz, CEO of Galaxy Digital, and Cathie Wood, CEO of ARK Investment Management, anticipate eventual regulatory approval. The SEC is currently reviewing nine active applications for Bitcoin spot ETFs. Wood suggested that the SEC might approve multiple applications simultaneously to prevent any single ETF from gaining an unfair advantage.