Bloomberg reports: The SEC is likely to reject BlackRock's BitcoinSpot ETF application on January 10. According to people familiar with the matter, the reason is likely to be that Chairman BlackRock and Sister Mu did not stand up to toast SEC Chairman Gary Gunsler at the dinner party on the evening of January 2. And when singing in the second scene, he didn't let Gary Gunsler order the girl first, resulting in the old man not ordering a song all night.