https://en.coin-turk.com/what-happens-to-crypto-if-the-spot-bitcoin-etf-is-approved-here-is-the-gold-example/

BlackRock is too big to waste their time.
So they already know it will be approved.
Halving is soon and BTC price has almost x3 space to the ATH - it looks like BlackRock also doesn't want to miss this opportunity.
Anyway, interesting times ahead, it seems :)