According to him, with Canada setting the precedence, the U.S. Securities and Exchange Commission may be tempted to follow suit. Eric made the revelation while speaking to The Scoop. He gave insights into what the road to approval would look like and why Canada was setting the pace. According to him:
So far, VanEck and NYDIG have sought approval to launch their Bitcoin ETFs from the SEC.
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Source: Cryptocurrency - investing.com