As part of the Coindesk Consensus 2022, on June 10, Bitwise and Grayscale are hopeful that a spot Bitcoin (CRYPTO: BTC) ETF will soon be approved.
What Happened: Prior to this announcement, Grayscale and Bitwise have only had futures Bitcoin ETF applications approved. The approval of spot Bitcoin ETFs has been delayed, attributed to security concerns.
Furthermore, the SEC’s (U.S. Securities and Exchange Commission) approval deadline for the same is July 6th, 2022. The endeavor for spot ETFs is …
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