The SEC Delays Another Bitcoin ETF

in #bitcoin5 years ago

It feels like déjà vu…

I was just writing last week about how the SEC delayed its decision on the Bitwise ETF.

Now it’s a new week and the SEC is delaying a different bitcoin ETF.

As I wrote last week…

For years now companies have been trying to launch a bitcoin ETF…

And the SEC goes to its two patented moves…

Delay and deny.

Last week it was Bitwise.

This week the SEC delayed the VanEck/SolidX bitcoin ETF proposal.

Nothing to see here… move along.

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They keep delay it again and again

Posted using Partiko Android

This post has received a 7.14 % upvote from @boomerang.

The longer they delay it, the higher it's price they pay. Just earn Bitcoin or other cryptocurrency since all coins and token following Bitcoin to moon.

If they postpone it, the market will be even more bullish, because the last attempts were just rejected no ? And the fact that they postpone it means that they're likely considering making it a reality.

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