🚀 Gate Square Creator Certification Incentive Program Is Live!
Join Gate Square and share over $10,000 in monthly creator rewards!
Whether you’re an active Gate Square creator or an established voice on another platform, consistent quality content can earn you token rewards, exclusive Gate merch, and massive traffic exposure!
✅ Eligibility:
You can apply if you meet any of the following:
1️⃣ Verified creator on another platform
2️⃣ At least 1,000 followers on a single platform (no combined total)
3️⃣ Gate Square certified creator meeting follower and engagement criteria
Click to apply now 👉
According to the most recent statements by Jay Clayton, former chairman of the U.S. Securities and Exchange Commission (SEC), the approval of bitcoin spot exchange-traded funds (ETFs) is an "inevitable" fact.
The U.S. lawyer has offered several statements to the media on the subject of ETFs in recent days. In them, he reiterates the idea that authorities at the federal agency are unlikely to object to the requests. Hence, he considers that "there is nothing left to decide".
In this regard, he highlights the changes that the market has undergone and the technological infrastructure that, in his opinion, now make bitcoin (BTC) more accessible to traditional financial markets.
Clayton was chairman of the SEC between 2017 and 2020, during which time he rejected the development of this type of product, questioning the legitimacy of the cryptocurrency market. His opinion is different now, as he thinks that before there was not an adequate level of conditions to properly custody and secure bitcoin.