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Bitcoin ETF Approval Years To Go, Says Failed ETF Applicant
SEC may not approve a Bitcoin exchange-traded fund (ETF) until 2022 or 2023, says William Cai, co-founder of Wilshire Phoenix. Cai has first-hand experience dealing with the SEC and its bitcoin ETF approval process. SEC rejected Wilshire Phoenix’s bitcoin ETF application in February 2020. This gave the fund provider an Read more…