We have heard a lot this days of BTC ETF proposals disapproved approximately 9 of them a total.
What lies behind ETF proposals why is it always disapproved?
Prone to market manipulations.
And SEC will find time to review again the disapproved proposals for it to be overturned?
That's what they say recently if I'm not mistaken. They will review but I doubt that they will overturn it.
Are you favor of ETFs? I find it overwhelming because BTC stand long enough on crypto sphere and has its own way of growth through the years to come. Any thoughts? It would be appreciated!
Not in favor because it might bring us problem in the long run. We might even see the price go down again after the hype has died down. It might bring influx of new money, but the question if it can be really sustain?