SEC Decision on Spot Bitcoin ETFs Expected Wednesday
The Securities and Exchange Commission (SEC) is expected to make a decision on spot bitcoin exchange-traded funds (ETFs) on Wednesday. Despite a recent security breach on the SEC’s official Twitter account, industry experts believe that the agency will grant approval to the proposed ETFs. The breach involved an “unknown party” who posted that the SEC had approved spot bitcoin ETFs but was later clarified by SEC Chair Gary Gensler as an “unauthorized” post and that no decision had been issued.
Exclusive Access: Unlock Premium, Confidential Insights
Unlock This Exclusive Content—Subscribe Instantly!
Login if you have purchased
