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Circle CEO Optimistic Over Bitcoin Spot ETF Approval: 'Progress is Being Made'



Jeremy Allaire, the co-founder and CEO of financial technology company Circle, believes that the recent wave of Bitcoin exchange-traded fund (ETF) applications will be approved due to the addressing of concerns raised by financial watchdogs. He states that mature spot markets, well-regulated custody infrastructure, and good market surveillance are being established, making Bitcoin ETFs more likely to be approved.
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