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It’s a matter of when, not if, the SEC approves bitcoin spot ETF, says Grayscale CEO

It’s a matter of when, not if, the SEC approves bitcoin spot ETF, says Grayscale CEO

Cryptocurrency Crypto experts are hopeful a spot bitcoin ETF could arrive as soon as this year. The optimism comes on the heels of the Securities and Exchange Commission approving an application for the Teucrium Bitcoin Futures ETF earlier this month. The fund was filed under the Securities Act of 1933, instead of the Investment Company Act of 1940, which other future bitcoin funds like Grayscale’s Bitcoin Futures ETF have used. “From the SEC standpoint, there were several protections that 40 Act products have that 33 products don’t have, but never ever did those protections address the SEC’s concern over the […]