Here’s why the SEC keeps rejecting spot Bitcoin ETF applications


$ 106,856.8
€ 92,495.6
¥ 38,800.0
£ 78,715.4
BTC
0.97 %
$ 2,570.20
€ 2,224.43
¥ 933.42
£ 1,893.69
ETH
-0.21 %
$ 323.58
€ 280.14
¥ 117.59
£ 238.49
XMR
2.59 %
$ 86.70
€ 75.06
¥ 31.48
£ 63.90
LTC
-0.15 %

Crypto investors still hope that the U.S. Securities and Exchange Commission will approve a spot-based BTC ETF one day, but data shows it has good reason not to.