Vanceck CEO predicts SEC will approve several spot Bitcoin ETFs in a single day

Cryptocurrencies

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Vaneck CEO expects the U.S. Securities and Exchange Commission (SEC) to approve multiple applications for spot Bitcoin exchange-traded funds (ETFs) all at once.

This follows the precedent set by the SEC's approval process for Ethereum futures.

The SEC's decision process for these Bitcoin ETFs is a developing story that will significantly impact cryptocurrency investments and market dynamics.