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News Explorer — SEC Is Reviewing Multiple Applications for Spot Bitcoin ETFs, With Cantor Fitzgerald Optimistic Approval

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Oct 29, 12:05 pm
DL News

SEC Is Reviewing Multiple Applications for Spot Bitcoin ETFs, With Cantor Fitzgerald Optimistic Approval

The US Securities and Exchange Commission (SEC) is reviewing eight to ten applications for spot Bitcoin exchange-traded funds (ETFs), according to SEC Chair Gary Gensler. The agency has not provided a timeline for the reviews. Financial services firm Cantor Fitzgerald is optimistic about the approval of these ETFs, citing revisions made to the applications and the inclusion of surveillance provisions.

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