OUT, DAMNED SPOT! OUT, I SAY!

Summary from the TLDR Crypto newsletter

Some thoughts on the spot Bitcoin ETF approval from SEC Commissioner Hester Pierce, with criticisms toward the SEC for taking so long to reach this moment. It took over 10 years for Bitcoin ETFs to be approved, but if the SEC had applied the standards it uses for other commodity-based exchange-traded products, it could have approved them years ago. The approval opens a path for other spot crypto ETF approvals.