This year, the majority of the crypto community had hoped for the Securities and Exchange Commission to have a more lenient approach as far as Bitcoin ETFs are concerned. That came after several companies applied for the same at the beginning of the year. Among them included Valkyrie, VanEck, Grayscale, Teucrium, and Global X, among others. However, the SEC has only approved one of the ETFs so far (Teucrium BTC Futures ETF), smothering the growing expectations in the crypto market. Recently, Grayscale announced on a Twitter post the SEC’s rejection of its spot Bitcoin ETF. The renowned Wall Street investor
The post Where the Clash Between the SEC and Spot ETFs Comes In appeared first on The Merkle News.
Powered by WPeMatico
