The Securities and Exchange Commission (SEC) is holding meetings with the New York Stock Exchange, Nasdaq, and the Chicago Board Options Exchange (CBOE) to finalize comments on spot Bitcoin #etf .
The SEC has been under intense scrutiny regarding the approval of spot #Bitcoin ETFs, which would open doors for widespread access to Bitcoin.
The meetings are seen as a positive sign that the SEC is nearing approval of some or all of the ETFs says #CoinClub .
While the final decision has not been made, sources close to the proceedings say the SEC could begin notifying issuers of approval on Friday, January 5th. If approval does occur, retail investors would gain greater exposure to the world’s largest #cryptocurrency at less cost than before.
The anticipation surrounding potential approvals for spot #BTC ETFs in the United States is high.