Better Markets CEO Opposes Bitcoin Spot ETF Approval – Details

In a stern warning to the US Securities and Exchange Commission (SEC), Dennis M. Kelleher, Co-Founder and CEO of Better Markets, a non-profit organization that focuses on advancing public financial interest, has issued a statement vehemently opposing the approval of Bitcoin spot ETFs. 


Seyraff referenced the multiple dialogues between asset managers and the SEC in the last few weeks. Notably, these discussions have led to amendments by applicants in their various proposals indicating changes that match the SEC’s requirements of investor safety in regard to such exchange-traded products.

How To Get Free Crypto  

The decision deadline for these ETF applications is on January 10. Many crypto analysts remain positive on a potential approval which they predict will lead to an increased demand for Bitcoin.

At the time of writing, the maiden cryptocurrency trades at $43,895, with a 0.21% decline in the last hour. 

Bitcoin trading at $43,819 on the daily chart | Source: BTCUSDT chart on

Featured image from Getty Image/istockphoto, chart from Tradingview

Go to Source
Author: Semilore Faleti

Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

You May Also Like

More From Author

This site uses Akismet to reduce spam. Learn how your comment data is processed.