Former SEC Chief Claims Agency Will Not Greenlight Spot Bitcoin ETF

2023-8-13 19:14

According to former Securities and Exchange Commission (SEC) chair Jay Clayton, the regulatory agency will not approve a spot bitcoin exchange-traded fund (ETF) anytime soon. Clayton’s statement comes as the SEC has once again delayed making a determination on the spot bitcoin ETF proposal submitted by ARK Invest.

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Spot Bitcoin ETF: Analyst Says SEC Engaging Exchanges—Approval Coming?

The prospect of a spot Bitcoin ETF (exchange-traded fund) trading in the United States has been the major topic of discussion in the cryptocurrency space over the past few weeks. In the latest development, a Bloomberg analyst reported that the US Securities and Exchange Commission has been engaging with exchanges concerning the spot Bitcoin ETF […]

2023-11-18 11:31