Through the years, the U.S. Securities and Exchange Commission has dealt with proposals for exchange-traded funds (ETF) offering more exposure to Bitcoin BTC/USD. The regulatory body rejected every application for a spot market Bitcoin ETF until now when it has started reviewing proposals.
The first-ever U.S. Bitcoin ETF (spot Bitcoin ETF) was filed in 2013 by Cameron Winklevoss and Tyler Winklevoss.
Read More: Court Backs Grayscale: SEC To Reassess Spot Bitcoin ETF Application After DC Circuit Ruling
Crypto ETF expert, Volatility Shares Chief Investment Officer Stuart Barton, said all applications to the SEC for spot Bitcoin ETFs will be approved together, as reported by CoinDesk….
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