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In a recent interview with CNBC, former SEC Chairman Jay Clayton shared his perspective on the evolving regulatory landscape for Bitcoin ETFs.
On the subject of Bitcoin ETFs, Clayton said he thought it would be "hard to resist" approving a Bitcoin ETF if regulatory safeguards were in place, mirroring those in the futures market. "What the institutions are arguing is those distinctions have gone away and now the spot product is less drag, more efficient for the investors," he explained.
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