According to Bloomberg ETF analyst Eric Balchunas, the Securities and Exchange Commission (SEC) aims to reduce the number of intermediaries involved in spot Bitcoin exchange-traded funds (ETFs) in order to enhance control over them. This move by the SEC is aimed at making spot Bitcoin ETFs more manageable.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinSEC's Deadline for Bitcoin ETF Update: Cash-Create vs. In-Kind