They're not going to accept Bitcoin ETFs for as long as Bitmex is around. I think that Bitmex might even be the entire reason why the market is in as bad of a state as it is now, the shorts are completely wrecking cryptocurrency and incentivizing the bears!
@Docnaster As what the Bitmex CEO Hayes stated, I think at the end of the day that the SEC wants to keep people interested in the financial markets and if retail continues to ask for these particular products (ETFs), at some point they are going to have to approve one of them.
We are still looking forward on the brighter side.
