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News Explorer — Will a Bitcoin ETF Be Approved Soon? BitGo's CEO Says it's Unlikely

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Nov 17, 6:17 pm

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Will a Bitcoin ETF Be Approved Soon? BitGo's CEO Says it's Unlikely

BitGo CEO Mike Belshe stated that progress is being made in conversations between ETF applicants and the SEC regarding the approval of a spot Bitcoin ETF. However, Belshe also believes that there may be another round of ETF rejections due to concerns over market structure, particularly the separation of exchange and custody roles.

BitGo CEO Mike Belshe stated that progress is being made in conversations between ETF applicants and the SEC regarding the approval of a spot Bitcoin ETF. However, Belshe also believes that there may be another round of ETF rejections due to concerns over market structure, particularly the separation of exchange and custody roles.

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