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SEC Will Reportedly Allow Bitcoin Futures ETFs to Launch, Bitcoin Breaks $59K

CoinDesk

"First Mover" with breaking news: The SEC, facing a Monday deadline to act on the first bitcoin futures ETF application, will reportedly take no action, allowing the ETF to be approved automatically. Coverage includes CoinDesk's Nikhilesh De breaking down the SEC process, the reaction from Matt Hougan of Bitwise, which has Bitcoin ETF applications pending, and FTX.US president Brett Harrison. Plus, Omer Ozden of RockTree Capital with crypto markets analysis.