Former SEC chair says spot Bitcoin ETF approval is ‘inevitable’ despite delays

by Aurelia Butler 1 September 2023, 18:40 199 Views

In an Sept. 1 interview with CNBC, Clayton said major financial institutions backing spot Bitcoin (BTC) investment vehicles represented a shift in how retail investors could get exposure to crypto. On Aug. 31, the SEC designated a longer period in which it could review spot BTC exchange-traded fund (ETF) applications from BlackRock (NYSE:BLK), WisdomTree, VanEck, Invesco Galaxy, Bitwise, Valkyrie and Fidelity.

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Former SEC chair says spot Bitcoin ETF approval is ‘inevitable’ despite delays

When to wear masks as Covid cases rise, new variants emerge in the U.S.

SEC delays decision on spot bitcoin exchange-traded funds. What that means for investors

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