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

by Aurelia Butler 2 September 2023, 18:40 159 Views

In a 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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Source: Cryptocurrency - investing.com

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

How the UK’s radical data revisions shattered its economic narrative

China’s economic slowdown reverberates across Asia

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