The Securities and Exchange Commission (SEC) Wednesday declined two Bitcoin ETF recommendations, continuing to be a 'hostile' stance to many expected e-money investment products. This has made Bitcoin prices continue to fall
There was a latest news about the speculation of all bitcoin ETFs. I guess the only best way right now to make US based exchange site mroe bigger. I have no idea and feel doubtful about the bitcoin ETF to be accepted by ETF. we know that SEC is very strict and it will not happen.
Ok, from the last 11 hours the SEC just declined 9 Bitcoin ETF recommendations. Im not sure whats making it very difficult for Bitcoin ETF to be approved. The SEC said they rejected these several proposals due to not meeting the requirements such as the prevention of fradulent and manipulative activities. So, the rejection of Bitcoin ETF's proves us that manipultions really exist in crypto space, specifically Bitcoin.