“It seems that it’s no longer a question of ‘if’ but just a question of ‘when’ the SEC will finally approve a spot ETF,” Bradley Duke, co-CEO of the London-based ETF issuer, ETC Group. “But the current crypto market turbulence, including the fallout from the collapse of UST and Terra Luna and the distress of major crypto finance firms like Celsius and BlockFi, could all contribute to giving the SEC reason to delay further opening the floodgates.”
With Bitwise and Grayscale Decisions Looming, Spot Bitcoin ETF Approval Hopes Are Running Low
