What is the current status of the bitcoin ETF proposal?

3 answers

• Dec 26, 2021 · 3 years ago
  As of now, the bitcoin ETF proposal is still under review by the Securities and Exchange Commission (SEC). The SEC has not yet made a decision on whether to approve or reject the proposal. It's important to note that the SEC has previously expressed concerns about market manipulation and investor protection in the cryptocurrency space, which could potentially impact their decision on the bitcoin ETF. However, there is growing interest and support for a bitcoin ETF among investors and industry experts, so it will be interesting to see how the SEC ultimately decides.
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• Dec 26, 2021 · 3 years ago
  The current status of the bitcoin ETF proposal is uncertain. While there have been several proposals submitted to the SEC, none have been approved so far. The SEC has cited concerns about market manipulation, liquidity, and custody as reasons for rejecting previous proposals. However, there is still optimism in the industry that a bitcoin ETF will eventually be approved, as it could provide a regulated and accessible way for institutional and retail investors to gain exposure to bitcoin without directly owning the cryptocurrency.
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• Dec 26, 2021 · 3 years ago
  At BYDFi, we are closely monitoring the progress of the bitcoin ETF proposal. While we cannot provide specific details or insider information, we believe that the introduction of a bitcoin ETF could have a significant impact on the cryptocurrency market. A bitcoin ETF would make it easier for mainstream investors to invest in bitcoin, potentially leading to increased adoption and liquidity. However, it's important to remember that the decision ultimately lies with the SEC, and we will have to wait for their official announcement.
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