Re: What is affect of SEC's decision with Bitcoin and crypto market?

Quote from: minhnguyenqh8395 on September 26, 2018, 08:32:13 AM

On Thursday (20 September 2018), the U.S. Securities and Exchange Commission (SEC) announced that it needed more time to make a decision regarding the VanEck-SolidX Bitcoin ETF, and it set 29 December 2018 as the new deadline. we have to wait 3 days more to know what will happen.

I was actually reading this few days back on this article, https://bitcoinexchangeguide.com/breaking-sec-delays-vaneck-solidx-bitcoin-etf-proposal-reviewing-comments-and-february-2019-ruling/ and that made me to go through their 19 page statement https://bitcoinexchangeguide.com/breaking-sec-delays-vaneck-solidx-bitcoin-etf-proposal-reviewing-comments-and-february-2019-ruling/...

At this stage, no one actually knows what the effect would be but it seems the SEC are still waiting for comments, and I have actually been of the opinion that before we get to see any approval in the long run, it would be sometimes next year. Although the VanEck SolidX Bitcoin Trust ETF seems to be the most promising so far, but nothing is guaranteed.