Former SEC chair Jay Clayton says there’s no doubt whether the SEC will approve a spot Bitcoin ETF.
A former chairman of the United States Securities and Exchange Commission (SEC) says it is “inevitable” that a spot Bitcoin (BTC) ETF will be approved.
Speaking in a Jan. 8 interview with CNBC, former SEC chair Jay Clayton said that it is now a foregone conclusion that the SEC will approve the first spot Bitcoin ETF for trading in the United States.
For the last ten years, the SEC has denied every application for a spot Bitcoin ETF, citing concerns over potential market manipulation and fraud.
