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It is exceedingly unlikely that the SEC would approve a Bitcoin ETF unless the crypto market is cleaned up, which seems even more unlikely. In terms of immedia
by thematrixturtle 4y ago
It is exceedingly unlikely that the SEC would approve a Bitcoin ETF unless the crypto market is cleaned up, which seems even more unlikely.
In terms of immediate risks, FTX is eating Coinbase's lunch in terms of market share and efficiency (they're doing more volume with under 10% the headcount), and if/when Tether blows up, Coinbase's USDC is next in line.