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Bloomberg Analyst Weigh In On Spot Bitcoin ETF Approval By US SEC After XRP Ruling

source-logo  coingape.com 21 July 2023 10:30, UTC

A spot Bitcoin ETF approval by the US Securities and Exchange Commission (SEC) will be a regime shift that will boost enthusiasm for Bitcoin adoption across the globe. The SEC has acknowledged BlackRock Spot Bitcoin ETF application and other refilings and the market awaits SEC’s next move. Bloomberg Intelligence analyst James Seyffart looks at the odds of spot Bitcoin ETFs approval and the impact of the US SEC v. Ripple Labs.

coingape.com