Coinbase Chief Legal Officer predicts imminent approval of U.S. Bitcoin ETF
U.S. spot Bitcoin ETF's green signal anticipated in wake of SEC's Grayscale mishap.
Follow crypto ETF news, approvals, inflows, issuers, and market reactions across spot Bitcoin, Ethereum, and digital asset funds.
The SEC chair declined to comment on specifics but acknowledged the many applications working their ways through the system.
The SEC had always rejected spot Bitcoin ETF applications because they were susceptible to manipulation.
Unverified rumors of BlackRock's Bitcoin ETF approval generate market volatility while SEC postpones final verdict.
The SEC had failed to contest a court ruling that directed it to review Grayscale's application for a spot Bitcoin ETF.
Market observers speculate that the U.S. Securities and Exchange Commission (SEC) will not contest the Court's directive.
The filing addresses accounting methods, risk valuation techniques, and surveillance-sharing arrangements.