> or that bitcoin itself can/is used for illegal activity? This part. Like I said, I don't think there's anything wrong with the attempt, but if they want it

> or that bitcoin itself can/is used for illegal activity? This part. Like I said, I don't think there's anything wrong with the attempt, but if they want it to be a tradeable instrument, they'll need to expose themselves to the risk of the instrument they're aligned to. I can't see the SEC allowing that exposure.