Bitcoin ETFs: Why Do They Keep Getting Rejected?
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Huh!!! I think SEC will never ever accept any ETF approval. It is the game of pumps and dumps in the market. We saw last night, after the 9 ETF denials, market went down like a free fall. SEC employees and insiders must be making good amount of money as they already know things well in advance.
I hope SEC will deny or postpone CBOE ETF as well. May be it is pre decided and SEC employees must be busy in accumulating coins. They will sell it 1 day before the decision for sure.
CBOE ETF decision will be taken on 30 sept 2018 and we will see great amount of money coming in bitcoin, which eventually increase the bitcoin dominance and its price. Altcoins will die one more time like anything.
Let us be prepared for the altcoins free fall one more time as the date of CBOE ETF approval comes closer.
Altcoins with strong utility and community will survive. :)