# @benzinga on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/C2DRV7FLEXn
- **Gondola URL:** https://gondola.cc/posts/17857428-benzinga-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/ea0ce12c65.jpg
- **Posted:** 2024-01-13T18:50:01.000+00:00
- **Account Owner:** Benzinga | News That Moves (@benzinga) — https://gondola.cc/benzinga

## Caption

As of Wednesday, the Securities and Exchange Commission (SEC) has finally given crypto investors what it has been waiting for by approving 11 issuers that applied for the long-sought spot Bitcoin ETFs.

Benzinga interviewed Jesper Toft, founder and CEO of Global Stability Unit (GSU) Protocol. 

Jesper Toft, GSU Protocol, believes litigation and delays are signs that the U.S. is “trying to protect the dominance of the US dollar.” SEC approval of 11 spot BTC ETF applications is a “massive victory for crypto.” Toft believes that people will move from fiat to crypto as soon as a more stable alternative is proven and available.

Read the interview on link in bio.
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#bitcoinetf #usdollar

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## Tags

bitcoinetf, usdollar

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