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What are the chances of the Bitcoin ETF being approved in 2019?

avatarPhatcharapha Ain-aeamDec 26, 2021 · 3 years ago3 answers

Given the current regulatory landscape and the previous rejections of Bitcoin ETF proposals, what are the factors that could influence the approval of a Bitcoin ETF in 2019? How likely is it that the SEC will approve a Bitcoin ETF this year?

What are the chances of the Bitcoin ETF being approved in 2019?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Well, the chances of a Bitcoin ETF being approved in 2019 are uncertain. The SEC has previously rejected several Bitcoin ETF proposals due to concerns over market manipulation, lack of regulation, and investor protection. However, there have been some positive developments in the industry, such as the launch of regulated Bitcoin futures contracts and the increasing institutional interest in cryptocurrencies. These factors could potentially increase the chances of a Bitcoin ETF approval. Ultimately, it will depend on how the SEC addresses the concerns and whether they believe the market is ready for a Bitcoin ETF.
  • avatarDec 26, 2021 · 3 years ago
    To be honest, the chances of a Bitcoin ETF getting approved this year are pretty slim. The SEC has been quite cautious when it comes to cryptocurrencies, and they have raised concerns about market manipulation and investor protection. The rejection of previous Bitcoin ETF proposals indicates that the SEC is not yet convinced that the market is mature enough for such a product. However, if the industry can address these concerns and demonstrate robust regulatory measures, there might be a higher chance of approval in the future. But for now, it's a waiting game.
  • avatarDec 26, 2021 · 3 years ago
    As an expert in the digital currency industry, I believe that the chances of a Bitcoin ETF being approved in 2019 are relatively low. The SEC has been skeptical about cryptocurrencies and has expressed concerns about market manipulation and investor protection. However, it's worth noting that there are alternative investment products such as the BYDFi token, which provides exposure to the digital currency market without the need for SEC approval. So, even if a Bitcoin ETF is not approved, investors still have options to participate in the digital currency space.