Coinspeaker
Spot Bitcoin ETF Talks in Advanced Stage
It appears that from here onwards,  there’s no going back on the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States. This follows after a recent Reuters report claimed that talks between the US Securities and Exchange Commission (SEC) and the asset manager applicants of the said ETFs have entered into a crucial stage.
Anticipation Enters Top Gear for Spot Bitcoin ETF Approval
Citing sources familiar with the matter, Reuters says the regulator is only now looking at a few technicalities and may be set to approve the ETFs soonest.
As Coinspeaker earlier reported, thirteen firms have lined up applications for such ETFs that track the price of Bitcoin before the SEC. These include notable names such as BlackRock, Grayscale Investments, Cathie Wood’s ARK Invest, and Invesco among others.
Meanwhile, it might be worth noting that, for a long time, the SEC hinged on the excuse of investor protection as a reason w

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