BitGo CEO Predicts Tough Road for Bitcoin ETFs

Mike Belshe, CEO of BitGo, predicts further challenges for the approval of spot Bitcoin ETFs in the United States. His insights, shared during a Bloomberg interview, highlight unresolved market structure issues as a significant barrier. Despite some optimism in the crypto market about the eventual approval of these ETFs, Belshe’s outlook suggests a different scenario. The U.S. Securities and Exchange Commission (SEC) continues to closely scrutinize these applications, emphasizing investor protection from market manipulation.