VanEck CEO Says “No Chance” of a Spot Bitcoin ETF in the US Anytime Soon

05/22 19:10

During the Bitcoin 2023 conference in Miami, VanEck CEO Jan van Eck stated that a bitcoin-spot exchange traded fund is unlikely to be available to investors anytime soon. Despite attempts by firms such as Grayscale to convert their funds into a spot bitcoin ETF, the US Securities and Exchange Commission has rejected proposals citing concerns over fraud and manipulation.
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