“BlackRock ETF Bitcoin” seems to be the three words that are on everybody’s mind in the bitcoin markets’ realm these days.

The possibility that SEC Chair Gary Gensler may still reject pending Spot Bitcoin ETF applications from BlackRock and others, dashing hopes for approval, is the talk of the market according to Bloomberg ETF analysts who say they can’t rule out a last-minute denial.

Inconsistent Actions From The Securities And Exchange Commission

The SEC’s position on Spot Bitcoin ETFs has been a topic of discussion, especially since a 2019 video resurfaced showing Gensler describing the SEC’s stance on such products as “inconsistent.” Gensler pointed out the…

Read more on bitcoinnews