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This factor could make the SEC more comfortable, Jeremy Schwartz said.
Mike Dalton 2 min read 
South Korean prosuectors said the ban is a preemptive measure.
MicroStrategy is sitting on over $30 million in unrealized profits from its Bitcoin investment.
BlackRock recently filed for a Bitcoin ETF. Ex-Barclays CEO Bob Diamond discussed BlackRock's past investments in USDC and the broader crypto landscape.
The asset manager is the latest company to apply following BlackRock's filing last week.
The company's latest filing follows an ETF application from BlackRock.
Some institutional investors are indicating a bullish sentiment toward Bitcoin in the wake of recent SEC enforcement actions.
The NYAG released the documents under a Freedom of Information Law (FOIL) request made by CoinDesk after Tether dropped its opposition to the requests.
Bitwise's last ETF application and proposed rule change was rejected in July 2022.
