U.S. banking groups seek entry into Bitcoin spot ETFs, urging SEC for a rule change for participation in the market. Several prominent U.S. banking groups are actively pursuing entry into the Bitcoin Exchange-Traded Funds (ETFs) landscape, prompting a collective plea for a rule change to facilitate their participation in the bitcoin spot ETFs space.
On February 14, a coalition of influential trade groups, including the Bank Policy Institute, the American Bankers Association, the Securities Industry and Financial Markets Association, and the Financial Services Forum, submitted a letter to the Securities and Exchange Commission (SEC) advocating for specific modifications...
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