SEC May Approve A Bitcoin ETF Due To Retail Demand

In the CNBC broadcast last Saturday, several investment firm executives have discussed the possibility of the U.S. Securities and Exchange Commission to grant licenses to a U.S.-based Bitcoin exchange-traded fund. They have also discussed the SEC’s latest rejection of its last pending Bitcoin ETF application of Wilshire Phoenix which rejected stating the concern of manipulation Bitcoin’s market, and limited investor protections.  

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