Questions are swirling about whether or not the U.S. Securities and Exchange Commission will approve a spot bitcoin ETF (BTC-USD). Yahoo Finance Crypto Reporter David Hollerith explains that eight companies have filed for approval since BlackRock (BLK) did so back in June. Hollerith explains the situation, stating 'The SEC has several opportunities from here to either approve, deny or push off approval for these applications.' Hollerith notes that many argue that Bitcoin is 'not regulated enough and too manipulatable' as reasons for pushback against the potential spot ETF.
The Gorgeous Private Islands Where The Wealthiest Stars Spend Time To Relax And Unwind..A prominent U.S. Senate Republican on Sunday said former President Donald Trump should drop out of the 2024 Republican White House race, arguing that Trump cannot win a general election contest against Democratic President Joe Biden.
Senator Bill Cassidy, one of seven Senate Republicans who voted to convict Trump at the former president's second impeachment trial in 2021, described a federal documents case against Trump as "almost a slam dunk" and warned that voters would not elect someone convicted of a crime as president.
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