Can this be an indication of the end of the Cryptocurrency trade?
Also, In the article, it's mentioned
The decision was announced unplanned for the financial markets, as this was communicated to the public after the closure of Wall Street.
Is this normal?
Source -
https://ospreyfx.com/the-sec-rejects-another-bitcoin-based-etf/The trading of cryptocurrencies cannot be prevented by anyone, also, nowadays there is more infrastructure of decentralized exchanges, so stopping it becomes something practically impossible.
Don't worry for the SEC, they won't allow a Bitcoin ETF in a while and we don't need them.