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??Monster BTC Gains: + The Ultimate Allocation Strategy!??While the agency has rejected spot bitcoin ETFs, it has approved bitcoin futures ETFs, which track agreements to buy or sell bitcoin at a pre-. The recent approval of Spot Bitcoin ETFs by the Securities and Exchange Commission (�SEC�) marks a historic milestone in the crypto industry. The SEC's reluctance to approve GBTC and the other ETFs should alert the market to likely enhanced regulatory scrutiny in the future. The SEC.