The SEC is evaluating Spot Bitcoin ETF applications from 10 ETF sponsors, notes Ric Edelman. He discusses crypto trends and the push for a Spot Bitcoin ETF. He highlights that nearly 50 prior applications have been rejected. He talks about how 12% of financial advisors currently recommend bitcoin and 77% would recommend a Spot Bitcoin ETF. He goes over the potential fallout of approval or broad rejection of Spot Bitcoin ETF. He also looks at how DACFP gains FINRA recognition for certificate in Blockchain and digital assets. He then outlines strategies to consider for the crypto market. Tune in to find out more about the stock market today.
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15 Sep 2023
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