Bitcoin (BTC) price is bullish after a hard pump that began around mid-October. The breakout was initiated by false news of a spot BTC exchange-traded
Bitcoin price remains above the $30,000 psychological level with a pronounced uptrend over the last five days. Meanwhile, SEC commissioner Hester Pierce is bemused with why the SEC has still not approved a spot BTC ETF. Community members have interesting views and perspectives on why the commission is moving at its own pace. fund approval and then invigorated by Federal Reserve Chair Jerome Powell’s speech afterward.
Commissioner says the logic for why we haven't approved a Spot #Bitcoin ETF has always mystified me. pic.twitter.com/A5YRuT2gdA — Watcher.Guru October 23, 2023 The Crypto Mom’s stance on the matter is a reminder of an August statement by former SEC staff member John Reed Stark, who spoke of partisan issues at the commission.
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