BlackRock has a 100% approval rate for their ETF applications. However, what would happen if the SEC rejects the approval for the Bitcoin BlackRock ETF? I believe it could potentially be the most significant attack on Bitcoin, impacting its value and overall standing. Monitoring regulatory decisions closely is crucial to understand their potential implications for the cryptocurrency market.
The SEC has refused, but the SEC is also introducing additional rules to open EFTs. This is also good news for investors as the SEC is drafting laws related to bitcoin