SEC Commissioner Jackson Thinks Regulator Will Approve BTC ETF

in #bitcoin5 years ago

According to a commissioner, a Bitcoin exchange-traded fund ETF will most likely gain approval from the United States securities regulator.

Robert J. Jackson Jr., the Securities and Exchange Commission (SEC)’s democratic commissioner, said that despite its string of rejections of ETF applications last year, the practice will ultimately change.

Can this be the reason of the little spike we saw today?