In a remarkable development for the crypto ecosystem, the United States Securities and Exchange Commission (SEC) has acknowledged Bitwise’s application for a spot Bitcoin Exchange Traded Fund (ETF) product. JUST IN – The SEC officially acknowledges Bitwise’s spot #Bitcoin ETF application 👀 pic.twitter.com/XXWOybjYxb — Bitcoin Magazine (@BitcoinMagazine) July 13, 2023 Significance of SEC’s Acknowledgement The
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