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Is the SEC going to approve it?
by MuffinFlavored 8y ago
Is the SEC going to approve it?
- ceejayoz 8y agoI'd imagine the SEC doesn't leak that info in advance on HN.
- saalweachter 8y agoUpvote the GP comment 100 times to get the SEC to reveal the answer on HN now! /facebookspam
- tim333 8y agoThe SEC has not been enthusiastic about Bitcoin ETFs. On another recent application (VanEck): >Bitcoin ETF is “absolutely not” going to be approved by the SEC, says CSO of CoinShares > The whole cryptocurrency market has been eagerly waiting for the approval of a Bitcoin ETF by the U.S. Securities and Exchanges Commission [SEC]. The reason the exchange-traded product is of much importance to the community is that it is considered as the gateway to drive the institutional investors into the space. >So far, the commission has rejected all the proposed rule changes with the main reason stated as concerns over market manipulation... https://ambcrypto.com/bitcoin-etf-is-absolutely-not-going-to-be-approved-by-the-sec-says-cso-of-coinshares/ https://ambcrypto.com/bitcoin-etf-is-absolutely-not-going-to... There have been a bunch of applications, all turned down so far.