Bitcoin ETF and the SEC: the last round in the approach
Sui Chung is the CEO of CF Benchmarks: a company specializing in blockchain data, which will provide the main indices essential for tracking spot Bitcoin ETFs. Including those of BlackRock, Valkyrie and Wisdom Tree.
Closer to these ETF requests, it now sheds relevant light on the current approval process and it begins directly with very pragmatic considerations. For him, it seems obvious that, during the summer, no one on the SEC side was able to draft a file of such importance and complexity.
After this rather surprising comment, he will also explain that the approvals will probably all arrive at the same time since the files are very similar. Next, our witness of the day details how the Ethereum futures ETFs that already exist could be a sort of Trojan Horse for Bitcoin.
