SEC decision on Bitcoin ETFs won’t leave out Wall Street giants

The Securities and Exchange Commission’s (SEC) delay in deciding whether to approve a spot exchange-traded fund (ETF) in the United States is fueling expectations that a final verdict will come in a batch that includes key players on Wall Street, including BlackRock (NYSE:) and Fidelity.

“There’s a tremendous amount of pressure on the SEC to approve a number of these ETFs, particularly because the approved Futures backed products are lagging spot performance substantially, harming investors,” markets veteran and co-founder of CoinRoutes Dave Weisberger told Cointelegraph, adding that all pending applications will likely be included in a final decision.

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