I hear so much about the SEC in the last few weeks. Can anyone explain what's so important about this decision. why it's good for the market, and why we get rejected?
SEC is USA regulatory body.His mission is to protect investors
Decision you are talking about is famous ETF approval i guess
Bitcoin ETF has been rejected because of price manipulation on global exchanges
Bitcoin ETF approval can have huge impact on price but if ETF will be only next derivative than i am worry than bitcoin can be asset similar to gold
But if we talk about price than gold price jumped 1000% after gold ETF has been approved