When is the CBOE ETF decision by SEC? I think it was supposed to be in August.
I think good news regarding CBOE will come out, and it will continue the bull market.
They have to really take a look at this for a long time to really accept it to be honest. In reality we all just want it to get accepted and get the bull and become rich and sip our margarita on a malibu beach however this is a financial deal and if they accept it than they are saying all the world bitcoin is a valid item to trade and invest into.
They have to really take a look at it carefully and see if it would make any sense at all, you are talking about an investment chance for something that has no regulations, you can't regulate the price of bitcoin and you can't really regulate anyone manipulating the price of bitcoin, so you would allow american people to invest into something no one has control over and easily manipulated.
Hence, it is a very difficult thing to say yes to right away. This is why it takes time and even after all of this they could still say no to it but after all this time I am thinking it is more likely a yes than a no because they could have rejected it at first sight but if they are taking a good look at it than it means they are positive on it.