Abra CEO: Bitcoin ETF Applicants Don’t Fit the Mold for the SEC

Abra’s CEO is expressing confidence that the U.S. Securities and Exchange Commission (SEC) will approve the first Bitcoin ETF later this year.
In the past few months, news regarding the approval and denial of Bitcoin ETFs have dominated the cryptocurrency community’s discussions, and many people see the potential approval of the CBOE VanEck/SolidX Bitcoin ETF as the next major catalyst for a Bitcoin bull run.
Bill Barhydt, the CEO of Bitcoin payment processor, Abra, explained to CNBC