Just read an article in reddit.com.It says that the SEC has not approved ETF as it thinks that unidentifiable people could influence the market.If such manipulation occurs,SEC wishes them to be identified.
So will there never be an SEC approved bitcoin ETF?
I dont think SEC will disapprove bitcoin ETF. Soon or later, SEC will approve bitcoin ETF because this is real market. SEC always delaying approval on bitcoin ETF but in near future, BAKKT will launch and if i am not mistake its bitcoin ETF.