Even though the Ethereum Futures ETFs' approval has been accelerated, the SEC is not likely to change its stance on spot Bitcoin ETFs. This is because, in just the last couple of days, the SEC has delayed the decision on another spot BTC ETF application from Ark Invest 21Shares.
This was in spite of the US House Financial Services Committee (FSC) asking the regulatory body to immediately approve the spot BTC ETFs in a letter this week. The lawmakers called the SEC's standards of denial of spot ETFs "inconsistent and discriminatory" and urged to fast-track the approval.
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Even though the Ethereum Futures ETFs' approval has been accelerated, the SEC is not likely to change its stance on spot Bitcoin ETFs. This is because, in just the last couple of days, the SEC has delayed the decision on another spot BTC ETF application from Ark Invest 21Shares.
This was in spite of the US House Financial Services Committee (FSC) asking the regulatory body to immediately approve the spot BTC ETFs in a letter this week. The lawmakers called the SEC's standards of denial of spot ETFs "inconsistent and discriminatory" and urged to fast-track the approval.
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