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coinpedia 2023-09-04 05:13:36

The Approval Of Spot Bitcoin ETF is Inevitable – Says Former SEC Chairman Jay Clayton

The post The Approval Of Spot Bitcoin ETF is Inevitable – Says Former SEC Chairman Jay Clayton appeared first on Coinpedia Fintech News A federal court has recently ruled against the U.S. Securities and Exchange Commission (SEC), stating that its refusal to permit Grayscale’s Bitcoin Trust conversion into a spot Bitcoin ETF was wrong. Following the ruling, JPMorgan issued a statement indicating that the SEC would likely be compelled to approve pending spot Bitcoin ETF applications, including Grayscale’s. They …

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