Investors in the market anticipate approvals for Bitcoin exchange-traded funds (ETFs), as the U.S. Securities and Exchange Commission (SEC) requested public comments on the application of the Franklin Templeton Exchange-Traded Fund filed on the stock exchange yesterday.
Yesterday, the regulatory body stated that deciding on the approval of instant Bitcoin exchange-traded funds will take more time. However, the agency has now changed its stance on such projects, seeking a unified and appropriate opinion before issuing its decision. This has raised hopes for approvals of traded instant Bitcoin funds.
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