that's because, so far, the applicants haven't fit the financial archetype that the U.S. Securities and Exchange Commission (SEC) is looking for.
anyone how can us to improve to get ETF? or crypto valueble is the technology not the coin are giving out..
Until now, the problem you mentioned seems to have not been resolved, so I think that the bitcoin ETF in January will not pass a large probability, which may be disappointing. But please don't worry, the Bitcoin ETF application is not limited. As long as someone continues to make such an application, it will one day pass, it is only a matter of time.