Post
Topic
Board Bitcoin Discussion
Re: Will SEC never approve Bitcoin ETF?
by
Mr.grin
on 10/02/2019, 15:35:53 UTC
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?

https://www.reddit.com/r/Bitcoin/comments/99n8g3/in_case_you_didnt_read_it_the_sec_disapproved_the/


As far as i know, SEC have not accept any bitcoin ETF yet until now.
Of course, they rejected many bitcoin ETF proposal from some parties already.
But it doesn't mean they won't accept any bitcoin ETF in the future. If they have enough time to conclude the result, maybe they will approve some.
well, maybe the news for rejecting SEC ETFs against bitcoin is no longer a secret. however, there are a few things I heard about this, and they said that the SEC might later accept bitcoin. this certainly will greatly affect the development of bitcoin in the future.