SEC has 8-10 filings of possible Bitcoin ETF products

SEC has 8-10 filings of possible Bitcoin ETF products - Gensler

2023-10-26 23:23

The U.S. Securities and Exchange Commission has 8 to 10 filings of possible exchange-traded products for Bitcoin in

The U.S. Securities and Exchange Commission has 8 to 10 filings of possible exchange-traded products for Bitcoin in front of it for consideration, SEC chair Gary Gensler said on Thursday.

Bitcoin has rallied this week on speculation that SEC approval for a spot bitcoin ETF is imminent.

BlackRock, Bitwise, WisdomTree, Fidelity and Invesco are among several firms with pending applications for bitcoin funds in the U.S.

(Reporting by Douglas Gillison and Bansari Mayur Kamdar; editing by Megan Davies)