Kevin O'Leary's Outlook: Institutional Crypto Interest to Thrive Beyond SEC's Spot Bitcoin ETF Decision

Kevin O'Leary's Outlook: Institutional Crypto Interest to Thrive Beyond SEC's Spot Bitcoin ETF Decision



Kevin O’Leary, head of O’Leary Ventures, recently discussed how the approval of spot bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC) might influence institutional interest in cryptocurrencies. On a social media platform, he expressed skepticism about the SEC, led by Gary Gensler, approving a bitcoin ETF by January 10th, despite the market's anticipation. O’Leary, also known as Mr. Wonderful, believes that even without an approval, the long-term prospects for cryptocurrencies remain strong.



In a December 29th interview on Tradertv Live, he doubted the SEC's likelihood of approving a spot bitcoin ETF, given Gensler's remaining 18-month mandate. However, O’Leary maintains that this decision won't dampen the growing institutional interest in crypto, highlighting the significant potential changes that could attract insti


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#Altcoin, #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Regulations

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