SEC to Reject Spot Bitcoin (BTC) ETF Proposals in January

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<p>&#8220;An ETF would certainly enable crypto overall to take off, and based on Gensler’s comments in December 2023, he still sees this industry in need of more stringent compliance,&#8221; Matrixport continued. &#8220;From a political perspective, there is no reason to approve a bitcoin spot ETF that would legitimize Bitcoin as an alternative store of value.&#8221;</p>
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<br /><a href="https://www.coindesk.com/policy/2024/01/03/bitcoin-spot-etf-proposals-to-be-rejected-by-sec-matrixport/?utm_medium=referral&amp;utm_source=rss&amp;utm_campaign=headlines">Source link </a></p><p>The post <a href="https://forextraderhub.com/sec-to-reject-spot-bitcoin-btc-etf-proposals-in-january.html">SEC to Reject Spot Bitcoin (BTC) ETF Proposals in January</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>