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SEC has 8-10 filings of possible Bitcoin ETF products - Gensler
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(Reuters) — The U.S. Securities and Exchange Commission has 8 to 10 filings of possible exchange-traded products for Bitcoin in front of it for consideration, SEC chair Gary Gensler said on Thursday.
Bitcoin has rallied this week on speculation that SEC approval for a spot bitcoin ETF is imminent.
BlackRock (NYSE:BLK), Bitwise, WisdomTree, Fidelity and Invesco are among several firms with pending applications for bitcoin funds in the U.S.
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