. There's a long list of issuers vying to launch a spot bitcoin ETF, which could bring further legitimacy to bitcoin as well as its underpinning market structure. The U.S. Securities and Exchange Commission has historically denied such a product because of a lack of proper surveillance across spot trading venues.
As noted by European asset manager CoinShares, the crypto fund space has benefited from the excitement around a spot bitcoin ETF coming to market. Weekly inflows into crypto asset management products were strong for the second week in a row, with CoinShares reporting $125 million coming into the industry last week. That
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