Is there a general consensus on how much volume it takes to move the BTC market price?
Not sure about volumes, but it could take billions perhaps?
Is the SEC not worried about market manipulation?
Is there a legal framework in place to deter / reprimand BTC manipulation? - I realize this could only apply to US patrons.
I think this is one concern that SEC has raised ever since there's a ETF approval and it's subsequent denial by them. And obviously, they have been established and one of its mandate is to "protects investors against fraudulent and manipulative practices".
My theory was that BTC was too susceptible to manipulation to issue an ETF yet. Apparently I'm wrong, which is understandable, because I make beer for a living...
Any friendly opinions welcome!
Maybe, but the thing though is that those entities that are applying for ETF are very powerful, like BlackRock and Vanguard and maybe there are pressures to SEC more than before to really approved because of this names.