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International Business Times
International Business Times
Business
Nica Osorio

BTC Price Not Significantly Affected By Major SEC Move Suggesting Imminent Bitcoin ETF Approval

Bitcoin SEC ETF Eleanor Terrett CBOE Crypto Nasdaq NYSE Cryptocurrency

KEY POINTS

  • The SEC is reportedly ironing out details with major stock exchanges in the U.S. this week
  • This comes at the heels of a claim that the SEC will reject all spot Bitcoin ETF applications this month
  • Bitcoin was trading in the red zone at $42,913.05 as of 4:56 a.m. ET on Thursday

The latest claim that the U.S. Securities and Exchange Commission (SEC) met with stock exchanges like Nasdaq, CBOE and NYSE this week to finalize comments on spot Bitcoin exchange-traded fund (ETF) applications did not significantly affect the price of BTC.

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