๐ฃ๐ Crypto influencer Andrew, boasting around 35,000 Twitter followers, shared insights from John Reed Stark, former U.S. Securities and Exchange Commission (SEC) Internet Enforcement Director. Stark opined that the current SEC is unlikely to approve Bitcoin spot ETF applications, highlighting his minimal experience with cryptocurrencies during his tenure. Andrew pointed out that Stark left the SEC in 2009 when Bitcoin had only existed for six months, lacking previous involvement in the crypto space. This assessment suggests a lower likelihood of a Bitcoin spot ETF approval by significant entities like BlackRock, the world's largest asset management company. ๐๐ #BitcoinETF #SEC #CryptoInfluencer #CryptocurrencyInsights
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