As the clock ticks down, Bitwise CIO Matt Hougan is nudging the SEC to give the nod to all Bitcoin (CRYPTO: BTC) spot ETF applications in the pipeline. While Bitwise is eagerly awaiting the SEC’s verdict on its own application this week, Hougan suggests a mass approval might be the golden ticket.
“If you look back at the history of the SEC’s treatment of ETFs, you can see examples of each, and so we have no idea what their plans are,” Hougan commented on Bloomberg Television. “I will say on behalf of investors, the best outcome is likely to line up multiple ETFs and allow them to launch at once.”
