A Twitter account affiliated with the US Securities and Exchange Commission (SEC) made a post about the Bitcoin (BTC) ETF.
This post, made from the SEC-affiliated Twitter account, brought to mind the approval process of Bitcoin ETFs. Many Bitcoin ETFs have been sitting on the SEC’s desk for a long time.
SEC chairman Gary Gensler stated that a Bitcoin ETF could be approved in the future, but avoided giving an exact date.
After this tweet, rumors began to circulate in the crypto community that a Bitcoin ETF might be approved soon.
Risk Disclosure: The articles and articles on Arover.net do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies.