Subnostr

A research report from brokerage firm Bernstein suggests that the chances of the U.S. SEC approving a physically-backed Bitcoin ETF are moderately high.

The report highlights that the SEC may lean towards approving a regulated Bitcoin ETF that has surveillance measures in place for existing exchanges, as opposed to dealing with OTX products like the Grayscale Bitcoin Trust, which are costlier and less liquid.

#BitcoinETF #SEC #CryptoNews