Sep 28, 2023
Perkins Coie LLP partner Keith Miller, who is also a former SEC enforcement lawyer, weighs in on what BlackRock's application means for the spot bitcoin ETF race in the U.S. "As more traditional financial institutions get into the market, there's going to be more pressure on the SEC to authorize one of these bitcoin ETFs," Miller said.
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Video transcriptHaving Blackrock involved changes how things are done. Is it changed? Chair Gus's view. Yeah, I don't know if it's going to change this view, but as more traditional financial institutions get into the market, there's going to be more pressure on the SEC to um authorize one of these Bitcoin ETF. S again, the Circuit court said, how can you authorize a Bitcoin futures? ETF but not a Bitcoin spot ETF it makes no sense, articulate why that's occurring here. Otherwise it's arbitrary capricious conduct.
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