Bitwise, a cryptocurrency asset management firm, has urged the U.S. Securities and Exchange Commission (SEC) to approve all Bitcoin (BTC) spot exchange-traded funds (ETFs) as the deadline for decision approaches. The firm argues that the SEC should consider the growing market maturity and demand for Bitcoin ETFs. Despite speculation around the SEC’s impartiality, Bitwise expressed confidence in the agency’s fair and honorable actions. The SEC is expected to discuss cryptocurrencies extensively, including the XRP lawsuit and Grayscale’s Bitcoin ETF lawsuit victory, during Gary Gensler’s testimony before two U.S. Congress committees in the coming month.
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