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BitGo CEO Mike Belshe says the market should expect another round of spot Bitcoin ETF rejections as there are still issues to be resolved. Although the crypto market is seeing signs that a spot Bitcoin (BTC) exchange-traded fund (ETF) will finally be approved somewhat in the near future, BitGo CEO Mike
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BitGo CEO Mike Belshe said it's "quite likely" the Securities and Exchange Commission (SEC) will reject a series of spot bitcoin ETF applications despite industrywide optimism. Source
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The SEC faces potential legal challenges over its handling of spot Bitcoin ETF applications, amidst rising institutional interest in cryptocurrencies, as highlighted by JPMorgan analysts. The burgeoning cryptocurrency market is once again at a crossroads with the U.S. Securities and Exchange Commission (SEC) facing potential legal challenges if it decides to
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The U.S. Securities and Exchange Commission rejected more spot bitcoin exchange-traded fund applications. It’s worth unpacking the agency’s reasoning, even as new applications are filed. Source
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