What is the real underlying reason Gary Gensler is delaying the spot ETF? And when is it likely to be approved?
It is obviously not volatility or consumer protection. So what is it?
Probably because in the pockets of Wall St & banks. They don’t want people to start withdrawing money from their products & begin investing in hard money, unconfiscatable, self custodied money i.e.
Bitcoin.It’s a moot point any way, bitcoin is going to chew them up & swallow them alive over the next decade or so.