Post
Topic
Board Bitcoin Discussion
Re: Will SEC approve BITCOIN ETF ?
by
electron-coin
on 23/01/2019, 21:12:37 UTC
As we see now for several reasons, it is impossible to make a Bitcoin ETF decision. The first reason is that the US government is now blocked and physically unable to review any projects. The second reason is that Gabor Gurbacs, VanEck's digital asset strategy director, said they temporarily withdrew their bid. And only after continuing negotiations with the SEC, they will provide a new proposal.
So for now, we just have to wait, and then, based on the general situation, it will be possible to conclude how the decision of the SEC will affect the price of crypto currencies.