Today, the U.S. Securities and Exchange Commission (SEC) is convening with key stock exchanges, such as the New York Stock Exchange, Nasdaq, and the Chicago Board Options Exchange (CBOE), to discuss the matter of spot Bitcoin ETFs.
This development was brought to light by a Fox Business reporter, offering a glimmer of hope to the broader cryptocurrency community. This comes in the wake of a statement by crypto services company Matrixport, which suggested that the SEC might reject all ETF applications in January. Following this news, the crypto market experienced a significant downturn, losing over $540 million in just four hours.
Contrary to Matrixport's prediction of likely rejections, Bloomberg analysts have indicated that there is no substantial proof to support such a claim. A notable exchange ensued between Bloomberg's Eric
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First found on: SEC Discusses Spot Bitcoin ETFs with Major Exchanges
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