, Columnist
Bitcoin Tips Scales in Favor of a U.S. ETF
The SEC has a list of legitimate concerns, but delaying approval only makes the decision more complicated.
Cryptocurrency enthusiasm raises the stakes for regulators.
Photographer: Angel Garcia/Bloomberg
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Add my name to the list of those who say it’s time for the Securities and Exchange Commission to approve a Bitcoin exchange-traded fund.
U.S. investors are watching their neighbors to the north with envy. The first Bitcoin ETF in North America debuted in Canada on Feb. 18. To no one’s surprise, Purpose Bitcoin ETF has been a huge hit. If it traded in the U.S., it would rank among the top 20 most popular ETFs by trading volume.
