Media: SEC Will Start Considering Bitcoin ETF Applications Starting Next Week

According to media reports, American regulators have nevertheless changed their attitude towards cryptocurrency exchange-traded funds (ETFs) for bitcoin.

According to Bloomberg, citing anonymous sources familiar with the situation, from the beginning of next week, the US Securities and Exchange Commission (SEC) will stop postponing and rejecting applications for Bitcoin ETFs. True, we are talking only about Bitcoin futures funds – the attitude towards ETFs with direct investments in cryptocurrency will remain the same.

SEC Chairman Gary Gensler has repeatedly expressed his support for the idea of ​​launching an ETF on Bitcoin futures. Similar applications were submitted by ProShares, Valkyrie, BlockFi and others.

Against the background of this news, the bitcoin rate rose and even tried to overcome the resistance at around $ 60,000. At the time of publication, the first cryptocurrency is trading at $ 59,500.

Recall that the Bloomberg analysts spoke about the high probability of launching a cryptocurrency ETF this year back in August. However, at the beginning of the month, the regulator postponed the consideration of four applications for the launch of a cryptocurrency ETF at once.

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