A spot Bitcoin-backed exchange-traded fund (ETF) will not be approved in the US until at least 2024 when the election is over, according to a former SEC official. Writing on social media platform X this weekend, John Reed Stark, a former chief of the SEC's Office of Internet Enforcement, said he does not expect much to change with regards to crypto enforcement action this year, and that a spot ETF approvals will have to wait until next year....
Former SEC Official: Bitcoin ETF Approval Will Not Happen Soon, Could Occur After 2024
Crypto News - 14 Aug 2023 14:38
A spot Bitcoin-backed exchange-traded fund (ETF) will not be approved in the US until at least 2024 when the election is over, according to a former SEC official. Writing on social media platform X this weekend, John Reed Stark, a former chief of the SEC's Office of Internet Enforcement, said he does not expect much to change with regards to crypto enforcement action this year, and that a spot ETF approvals will have to wait until next year....
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