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Bitcoin [BTC]: SEC Commissioner says that Bitcoin ETFs might eventually be approved


The Bitcoin ecosystem has been continuously meddling around with rumors regarding the approval of Bitcoin ETF for the past year.  With the news which surfaced recently regarding the SEC initiation into research to develop a new tool to monitor risk, now an SEC Commissioner is predicting that a Bitcoin ETF will eventually get the approval.

The news has hit the crypto universe via a long interview discussion between SEC Commissioner Robert J Jackson Jr and Congressional Quarterly (CQ) which was scheduled to be published on February 11, 2019. However, a Twitter account holder named Drew Hinkes got hold of the interview draft, which was shared across the social media network.

Source: Twitter

According to the interview, Robert J Jackson Jr, a lone Democratic Commissioner at the agency, said that several crypto-based ETF applications were up for consideration to get the SEC approval but it was not mentioned in the interview draft which specific application stands the highest chance of…



Read Full Story : AMBCrypto

2019-02-07 20:30:26

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