Claim BonusBitcoin ETF Approval Likely by Wednesday, Ex-SEC Chair
Former U.S. Securities and Exchange Commission (SEC) Chair Jay Clayton has confidently predicted approving a Spot Bitcoin Exchange-Traded Fund (ETF). In a recent CNBC interview, Clayton emphasized that key obstacles previously impeding the ETF’s approval appear to have been resolved. “The underlying Bitcoin trading market has matured significantly,” Clayton remarked, suggesting a robust and reliable framework now exists for the ETF’s operation.
Technical Readiness and Regulatory Compliance
The anticipation for a Spot Bitcoin ETF has been mounting, particularly given the advancements in technology and compliance. The former SEC Chair noted significant progress in the necessary technological infrastructure, including custody and transaction mechanisms. This development is pivotal for Bitcoin and marks a significant evolution in the financial industry.
Bitcoin ETF’s Countdown
The SEC is poised to make a landmark decision by Wednesday, with the potential for the Spot Bitcoin ETFs to begin trading shortly thereafter. Moreover, applications from major financial players like BlackRock and Fidelity are on the table. The SEC’s approval process involves the review of 19b-4 filings by exchanges and S-1 forms from issuers. This two-pronged regulatory pathway ensures thorough scrutiny of both the platforms that will list the ETFs and the entities issuing them.
Concurrently, the Bitcoin community and investors are closely eyeing this development, as introducing a Spot Bitcoin ETF could inject significant capital into the market. Michael Anderson, co-founder of crypto venture firm Framework Ventures, believes the market impact of such an approval is currently underestimated. Despite Bitcoin’s fluctuating value, remaining around $46,000 recently, approving a Spot Bitcoin ETF could substantially boost.
Read Also: Lazarus Group Shifts $1.2M in Bitcoin from Mixer to Holding Wallet
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Michael Saylor Says Quantum Risk To Bitcoin Is a Decade Away, Describes it as ‘FUD’
- White House Proposes Stablecoin Rewards Compromise as CLARITY Act Odds Drop to 44%
- Trump’s Board Of Peace Eyes Dollar-Backed Stablecoin For Gaza Rebuild
- Trump’s World Liberty Financial Flags ‘Coordinated Attack’ as USD1 Stablecoin Briefly Depegs
- Trump Tariffs: U.S. Threatens Higher Tariffs After Supreme Court Ruling, BTC Price Falls
- COIN Stock Risks Crashing to $100 as Odds of US Striking Iran Jump
- MSTR Stock Price Predictions As Michael Saylor’s Strategy Makes 100th BTC Purchase
- Top 3 Meme Coins Price Prediction As BTC Crashes Below $67k
- Top 4 Reasons Why Bitcoin Price Will Crash to $60k This Week
- COIN Stock Price Prediction: Will Coinbase Crash or Rally in Feb 2026?
- Shiba Inu Price Feb 2026: Will SHIB Rise Soon?
