TechFlow news — The non-profit organization Better Markets has sent multiple letters urging the U.S. SEC to reject the approval of spot Bitcoin ETFs.
The group stated that approving such products would be a historic mistake, potentially causing significant losses for investors.
Better Markets CEO Dennis Kelleher has long been critical, describing the cryptocurrency industry as a "predatory business model."
Previously, in August 2023, Better Markets said the SEC should reject a wave of spot Bitcoin ETF applications to protect investor interests.




