4min chapter

Coin Stories with Natalie Brunell cover image

James Seyffart: Will a Bitcoin Spot ETF Be Approved and Send Bitcoin's Price Skyrocketing?

Coin Stories with Natalie Brunell

CHAPTER

The SEC Denied BlackRock's Application for a Spot Crypto ETF

The SEC doesn't want to approve a spot Bitcoin market ETF until they have oversight of an underlying spot market. The BlackRock filing, what made a difference was this surveillance sharing agreement. They don't name the exact exchange but one can assume and we are assuming that it's Coinbase just becauseCoinbase is their custodian.

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