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SEC’s Bitcoin-skeptical chair may soon be replaced, boosting crypto

One of the most pressing questions crypto investors have wanted an answer to is when Bitcoin will get an exchange-traded fund.

A BTC ETF, which would be accessible through Wall Street’s biggest brokerages, would dramatically increase the accessibility of Bitcoin to a retail and institutional audience.

This is due to the fact that ETFs are much easier to own than the underlying commodity — there’s a reason why the SPDR Gold Trust (GLD) likely has more holders than physical gold.

Fortunately for cryptocurrency investors, the industry’s ETF dreams may soon get a boost with a regulatory shuffle in Washington.