SEC Is Said Set to Allow Bitcoin Futures ETFs

The transcript discusses the SEC's potential approval of ETFs based on futures contracts, which could lead to significant market changes. The approval is anticipated due to the proposals being filed under mutual fund rules, offering investor protections. This has led to excitement in the market, with Bitcoin's price surging. Analysts predict Bitcoin could reach new highs if the approval goes through, marking a significant step towards mainstream acceptance of digital assets.

What is the significance of the SEC chairman's comments regarding investor protections?

How long have lobbying efforts for digital asset acceptance been ongoing?