The SEC will likely have no choice but to approve spot bitcoin ETFs following Grayscale's victory in its case against the SEC, according to JPMorgan.
The SEC will likely have no choice but to approve spot bitcoin ETFs following Grayscale’s victory in its case against the SEC, according to JPMorgan.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.The United States Securities and Exchange Commission will likely have no choice but to approve multiple spot bitcoin exchange-traded fund applications following Grayscale's victory in its case against the SEC, according to JPMorgan.
proposed by several firms, including BlackRock, Fidelity and Invesco, until at least mid-October. This postponement"likely points to approval of multiple spot bitcoin ETF applications at once rather than granting a first-mover advantage to any single applicant," the JPMorgan analysts said.
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