BITCOIN ETF IS INEVITABLE⌛️ 

JUST IN: Former SEC chair says spot Bitcoin ETF approval is ‘inevitable’ despite delays

Just one day after the SEC delayed decisions on 7 Bitcoin ETF applications, former commission chair Jay Clayton said “An approval is inevitable… the dichotomy between a futures product and cash product can’t go on forever.”

The “dichotomy” that Jay Clayton mentions here is based on the fact that the SEC has approved Bitcoin Futures ETFs but no spot Bitcoin ETFs.

With yesterday’s delays, the SEC now has another 45 days until it can once again approve, deny or delay the ETF applications from the seven major firms.

Clayton said he expects to see “progress on this going forward.” The SEC can continue to push the deadlines on the applications until March 2024.

Dread from it, hide from it. Destiny arrives all the same.