In a significant stride towards the potential approval of Spot Bitcoin Exchange-Traded Funds (ETFs) in the United States, applicants have overcome a pivotal hurdle, marking a crucial milestone in their quest for regulatory approval from the U.S. Securities and Exchange Commission (SEC).

As reported by Bloomberg, the applicants seeking approval for the eagerly anticipated spot Bitcoin ETFs have successfully navigated a critical stage in their regulatory journey. Sources close to the matter revealed that the applicants have addressed and resolved key concerns raised by the SEC, signaling progress in addressing the regulatory queries central to the approval process.

“Securities and Exchange…

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