Abra CEO Believes Bitcoin ETF Eminent, SEC Just Needs the Right Suitor
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n nn nn Bill Barhydt, founder of bitcoin wallet app Abra, said the U.S. Securities and Exchange Commission SEC would approve a bitcoin exchange-traded fund ETF within a year once the financial regulator feels comfortable with the caliber of the applicants.A bitcoin ETF would allow investors to purchase bitcoin through funds listed on a regulated, legacy stock exchange. Like the bitcoin futures contracts that came before it, a bitcoin ETF is seen by many as the bri
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