Abra CEO Believes Bitcoin ETF Eminent, SEC Just Needs the Right Suitor79.14

Bill Barhydt, founder of bitcoin wallet app Abra, said the U.S. Securities and Exchange Commission (SEC) would approve a bitcoin exchange-traded fund (ETF) within a year once the financial regulator feels comfortable with the caliber of the applicants.

A bitcoin ETF would allow investors to purchase bitcoin through funds listed on a regulated, legacy stock exchange. Like the bitcoin futures contracts that came before it, a bitcoin ETF is seen by many as the bridge that will encourage institutional investors to cross over to the emerging crypto market.

Original source
https://bitcoinmagazine.com/articles/abra-ceo-believes-bitcoin-etf-eminent-sec-just-needs-right-suitor/

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