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Is the Approval of a Spot Bitcoin ETF Inevitable, According to Former SEC Chair? In a recent interview with CNBC, former U.S. Securities and Exchange Commission (SEC) Chair Jay Clayton made a bold statement regarding the approval of a Spot Bitcoin Exchange-Traded Fund (ETF). Clayton confidently stated that the approval is inevitable, asserting that "there's nothing left to decide." This proclamation has sparked speculation about an imminent breakthrough in the long-awaited approval of a Bitcoin ETF. Clayton's statement carries weight considering his previous role as SEC Chair and his familiarity with the regulatory landscape. During his tenure, Clayton consistently expressed concerns about the lack of investor protection and market manipulation in the cryptocurrency space. However, his recent comment suggests a significant shift in his stance. While Clayton did not provide specific details to support his claim, his statement implies that the SEC's concerns regarding investor protection and market manipulation have been addressed. This suggests that the regulatory hurdles standing in the way of a Bitcoin ETF may soon be overcome. The potential approval of a Bitcoin ETF has been a hot topic among investors and cryptocurrency enthusiasts for years. An ETF would provide a regulated investment vehicle for institutional and retail investors to gain exposure to Bitcoin without the need to directly hold the cryptocurrency. This could potentially open the floodgates for increased adoption and investment in the digital asset. However, it is important to note that Clayton's statement is just one perspective in a complex regulatory landscape. The SEC has previously expressed concerns about the lack of surveillance and control mechanisms in the cryptocurrency market. Therefore, it remains to be seen how the SEC will ultimately approach the approval of a Bitcoin ETF. Nonetheless, Clayton's confident assertion suggests that progress is being made towards the approval of a Spot Bitcoin ETF. As the regulatory landscape evolves and potential solutions to investor protection and market manipulation are implemented, the possibility of an ETF approval becomes increasingly likely. Investors and cryptocurrency enthusiasts will undoubtedly be closely following any developments in this area, as the approval of a Bitcoin ETF could have significant implications for the future of the cryptocurrency market.