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Bernstein: The U.S. Likely to Approve a Spot Bitcoin ETF

Brokerage firm Bernstein believes that there is a strong possibility that the US Securities and Exchange Commission will approve a spot Bitcoin (BTC) exchange-traded-funds (ETF). In a research report released on Monday,...

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Bernstein: The U.S. Likely to Approve a Spot Bitcoin ETF
Brokerage firm Bernstein believes that there is a strong possibility that the US Securities and Exchange Commission will approve a spot Bitcoin (BTC) exchange-traded-funds (ETF). 
In a research report released on Monday, Bernstein said the SEC is under increasing pressure to greenlight such a product, specifically since the commission has already granted approval for futures-based bitcoin ETFs and leverage-based futures ETFs. ...
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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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