SEC To Approve Bitcoin ETF Soon, Says Former Chairman

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Former SEC Chairman Jay Clayton believes the U.S. will eventually greenlight a spot Bitcoin ETF. What Happened: In an interview with CNBC on Friday, Clayton stated, “Approval is inevitable.” He highlighted the existing scenario where retail investors can trade a Bitcoin futures product but are restricted from one based on the Bitcoin cash market, commenting that such a situation “can’t go on forever.” In light of these developments, the crypto community eagerly anticipates the upcoming Benzinga’s Future of Digital Assets conference. The event promises to delve deeper into the implications of s…

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