📉 The SEC has approved several Bitcoin spot ETPs, but commissioner Hester Peirce expressed dissatisfaction with the lengthy process:

- approval came 10 years after the first application for Bitcoin ETP

- SEC approved ETP "against its will", missing a decade of opportunity

- Peirce: Standards for Bitcoin ETPs should have been the same as for other commodity ETPs

- Rep. Tom Emmer (R-MN) welcomes SEC decision