Bitcoin exchange-traded funds (ETFs) have long been considered the pinnacle of the crypto market—once approved, they would legitimize the industry and push it into the mainstream.
The lack of action from the U.S. Securities and Exchange Commission (SEC) might indicate that there’s very little improvement happening in this field. However, with new filings being submitted every month, the regulator is currently sitting on 19 Bitcoin ETF applications, showing that there’s substantial demand from the industry.
Each pending Bitcoin ETF application could ignite a bull run
While cryptocurrency ETFs aren’t a new thing on the market, as they’re already freely traded in countries such as Canada and Brazil, approving them in the U.S. would mark a major milestone for the industry.
According to the latest data from ETF.com, there are currently 19 Bitcoin ETF filings with the U.S. Securities and Exchange Commission (SEC), each one awaiting final approval before being launched.
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Źródło: https://cryptoslate.com/the-us-sec-currently-has-19-pending-bitcoin-etf-applications/
