The Wilshire Phoenix Bitcoin ETF isn’t happening anytime soon. Securities and Exchange Commission (SEC) will decide the fate of Wilshire Phoenix Bitcoin ETF or exchange-traded funds in one week and chances of approval look slim. The crypto community is not keeping its hopes up since every past application for an ‘exchange-traded fund’ has been turned down by the commission. SEC will have to decide on the said Bitcoin ETF application by February 26th. In the recent past, the commission has raised serious concerns regarding the immature crypto markets and the high volatility. So far, none of the submitted applicants have
