Why Bitcoin ETF Approval is Likely, 72 Percent in Favor So Far

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This is a situation which the SEC is carefully considering. The SEC doesn’t benefit from the approval of the Bitcoin ETF as the SEC isn’t incentivized for the performance of the ETF. However, the government will most likely want the Bitcoin ETF to be approved in order to maintain a more regulated Bitcoin market which it can oversee.

Regulation and Society adoption

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