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8/17: CBSN AM
Firms are proposing both physical and futures-based bitcoin ETFs—but experts say SEC approval won’t happen any time soon
This year, as bitcoin, the largest cryptocurrency by market value, hit an all-time high, at least 18 applications for bitcoin-based exchange-traded funds, or ETFs, were filed wth the Securities and Exchange Commission. None have been approved yet, and it’s unlikely that a physical bitcoin ETF will be approved this year, […]
