Former NYSE President Says Money Will "Flood" Into Bitcoin Upon Spot ETF Approval

In an exclusive interview with CNBC, Tom Farley, the former President of the New York Stock Exchange (NYSE) and current CEO of Bullish, shared his optimistic outlook on the future of cryptocurrency, particularly Bitcoin, upon the potential approval of a Bitcoin spot exchange-traded fund (ETF) by the Securities and Exchange Commission (SEC).

Farley’s comments come amidst the ongoing speculation surrounding the SEC’s decision on whether to approve a Bitcoin spot ETF, a move that could potentially open the floodgates for institutional investment in the Bitcoin market.

During the interview, Farley emphasized the significance of a spot ETF approval, asserting that it could be a game-changer for…

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