News Analysis
U.S. regulators’ pending approval of the spot Bitcoin exchange-traded fund (ETF), which could come as soon as next week, and severe criticisms of the Securities and Exchange Commission (SEC) for missteps in the prosecution of a Utah-based firm, DEBT Box, and for a general pattern of regulatory overreach, have combined to give the cryptocurrency market unprecedented momentum in 2024, financial and legal expert analysts have told The Epoch Times.