Eight to ten Bitcoin exchange traded product filings are currently under consideration by the US SEC, according to Chair Gensler.
BTC price rallies this week, riding on the speculation that the US financial regulator’s approval for a spot Bitcoin ETF is imminent. SEC Chair Gensler says a potential five-member commission is likely to consider the filings, no commitment on timing. Bitcoin (BTC) price rallied nearly 18% this week as market participants seem to be pricing in an upcoming approval of a BTC spot Exchange Traded Fund (ETF) in the United States. According to a Reuters report, the chair of the US Securities and Exchange Commission (SEC), Gary Gensler, said that the regulator is considering up to ten Bitcoin ETF applications.
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Eight to ten Bitcoin exchange traded product filings are currently under consideration by the US SEC, according to Chair Gensler.
BTC price rallies this week, riding on the speculation that the US financial regulator’s approval for a spot Bitcoin ETF is imminent.
SEC Chair Gensler says a potential five-member commission is likely to consider the filings, no commitment on timing.
Bitcoin (BTC) price rallied nearly 18% this week as market participants seem to be pricing in an upcoming approval of a BTC spot Exchange Traded Fund (ETF) in the United States. According to a Reuters report, the chair of the US Securities and Exchange Commission (SEC), Gary Gensler, said that the regulator is considering up to ten Bitcoin ETF applications.
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