Following the USA Securities and Change Fee (SEC) delaying choices on a number of spot exchange-traded funds, former fee chair Jay Clayton mentioned he believed approval was nonetheless going to occur in some unspecified time in the future.
In an Sept. 1 interview with CNBC, Clayton mentioned main monetary establishments backing spot Bitcoin (BTC) funding autos represented a shift in how retail buyers may get publicity to crypto. On Aug. 31, the SEC designated an extended interval by which it may evaluation spot BTC exchange-traded fund (ETF) purposes from BlackRock (NYSE:), WisdomTree, VanEck, Invesco Galaxy, Bitwise, Valkyrie and Constancy.
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