Spot bitcoin exchange-traded fund (ETF) approval is 'inevitable,' according to former SEC chairman Jay Clayton.
“The dichotomy between a futures product and cash product can’t go on forever,” Clayton said.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.The United States will eventually have a spot bitcoin exchange-traded fund , according to Jay Clayton, former chairman of the U.S. Securities and Exchange Commission .
"It is clear that bitcoin is not a security. It is clear that bitcoin is something that retail investors want access to, institutional investors want access to, and, importantly, some of our most trusted providers who are fiduciaries or have duties of best interest want to provide this product to the retail public. So I think [...] an approval is inevitable," ClaytonFutures-based bitcoin ETFs already exist in the U.S., but the SEC has yet to approve a spot bitcoin ETF.
The ruling means if the SEC wants to reject Grayscale's proposal again, it would have to do so based on fresh objections or other reasons besides fraud and market manipulation risks in the spot bitcoin market. Clayton acknowledged the possibility of a fresh rejection based on new reasons, but also said he's not sure what those reasons would be.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Former SEC chair says spot Bitcoin ETF approval is 'inevitable' despite delaysJay Clayton, former SEC chair, said he still expected to see progress on spot Bitcoin ETFs going forward despite delays on 7 applications.
続きを読む »
Coinbase and related exchanges could suffer if SEC approves a spot Bitcoin ETF, specialist saysCoinbase, and exchanges just like it, could suffer when the US Securities and Exchange Commission (SEC) approves a spot Bitcoin Exchange-Traded Fund (
続きを読む »
JPMorgan says SEC would likely be forced to approve spot bitcoin ETFs following Grayscale's winThe SEC will likely have no choice but to approve spot bitcoin ETFs following Grayscale's victory in its case against the SEC, according to JPMorgan.
続きを読む »
SEC delays BTC ETF decision, Grayscale triumphs SEC, and BitBoy gets the boot: Hodler’s Digest, Aug 27Keep track of Grayscale's victory over the SEC, Ben Armstrong getting the boot and delays for spot Bitcoin ETFs.
続きを読む »
| The Real Reasons the Grayscale Bitcoin ETF Decision MattersThe U.S. Court of Appeals, in rebuking the securities watchdog, shows that Securities and Exchange Commission Chair Gary Gensler won’t get the last word on crypto.
続きを読む »
SEC wants a death struggle with all of crypto except Bitcoin and maybe Ethereum, expert saysThe US Securities and Exchanges Commission (SEC) is still on with its legal tussle against Ripple and Coinbase, with neither parties willing to bend.
続きを読む »