Jay Clayton, the former chair of the U.S Securities and Exchange Commission (SEC), thinks a Bitcoin (BTC) spot exchange-traded fund (ETF) could get approved if financial institutions can prove such a product would mimic the conditions of the Bitcoin futures market. No US Bitcoin spot ETF application has ever been approved thus far, despite submissions The post Former SEC Chair Jay Clayton Says Approval of Spot Bitcoin ETF Would Be Hard To Resist Under This Condition appeared first on The Daily Hodl .
