The United States’ securities regulator may approve spot Bitcoin ETFs in the coming days
The United States’ main securities regulator, the U.S. Securities and Exchange Commission (SEC), is expected to inform spot Bitcoin ETF applicants of approval in the coming days, according to a report by Reuters. This news comes after at least a dozen asset managers have expressed their intention to offer spot Bitcoin ETFs on various exchanges including Nasdaq, Cboe BZX, and NYSE Arca. The approval would require the fund or its partners to hold Bitcoin, thereby driving demand for the cryptocurrency.
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