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TagsWhat are the chances of SEC approving a Bitcoin ETF?
canselNov 28, 2021 · 3 years ago1 answersWhat factors will influence the decision of the SEC in approving a Bitcoin ETF?
1 answers
- As an expert in the cryptocurrency industry, I believe the chances of the SEC approving a Bitcoin ETF are relatively low. The SEC has consistently expressed concerns about the lack of regulation and oversight in the cryptocurrency market. They have rejected multiple Bitcoin ETF proposals in the past due to concerns over market manipulation and investor protection. While there have been some positive developments, such as the launch of regulated Bitcoin futures contracts, these may not be enough to sway the SEC's decision. It is important for investors to understand the risks involved and not solely rely on the potential approval of a Bitcoin ETF for their investment decisions.Nov 28, 2021 · 3 years ago
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