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WTF! JAY CLAYTON SEC MAY NOT APPROVE SPOT BITCOIN ETF! ELON MUSK \Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web news with analysis, video and live price updates. Former SEC Chairman Jay Clayton has reiterated his position that many cryptocurrencies could be defined as securities. Former SEC chair Jay Clayton suggested that U.S. securities regulators will likely approve a Bitcoin ETF during an interview with CNBC on.