SEC Statement on the Approval of Spot Bitcoin Exchange-Traded Products

Though we’re merit neutral, I’d note that the underlying assets in the metals ETPs have consumer and industrial uses, while in contrast bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware,[4] money laundering,[5] sanction evasion,[6] and terrorist financing.[7]

To poke a nest, which other assets are used for the aforementioned activities