Bitcoin ETF: According to SEC member only a matter of time

The admission of an exchange traded fund for Bitcoin (BTC ETF) is considered an important signal for the crypto community. Admission, it was hoped, would bring a run on the cryptocurrency, raising the Bitcoin rate. As a leaked document evidently reveals, admittance is only a matter of time.

Statements by Robert J. Jackson, Jr. suggest ETF approval

Because the online magazine Abacus Journal has a document in which SEC member Robert J. Jackson Jr. suggests that it will not be long before an application to the SEC passes. So Jackson is said in an interview with Congressional Quartely, which was originally to be published on February 11, have said:

Whether someone will eventually meet the conditions that we [für einen Bitcoin ETF] have set up? I hope so and yes, I think so too.

Furthermore, the SEC member appointed by US President Donald Trump believes that the rejection of the Winklevoss ETF in the past is understandable. So the document quotes him:

In the case of the Winklevoss application that we had last year, it was the [Entscheidung] not very hard. There we had a situation where the danger of manipulation and damage to investors was enormous. The liquidity problems of the market were serious.

As the document further suggests, previous rejections of an ETF are not as important to the usability of the cryptocurrency. Rather, it is the lack of security precautions of any stock exchanges, which favored the refusals in the past.

Document leaves question mark

Whether it will actually come to a license, you can not currently clarify satisfying. After all, it's just the opinion of a single SEC member. Furthermore, it has not been possible to determine whether the document is genuine or merely a forgery. Also the seriousness of the source could not be satisfactorily checked.

Do you already know our crypto-shop?: Hardware wallets, crypto readers, Bitcoin key chains, Bitcoin collector coins, cool shirts or a Bitcoin beginner box for easy access to the crypto world. Here you will surely find something. To the shop

Be sure not to miss any important news related to Cryptocurrencies! Follow our news feed in the way you prefer; through Twitter, Facebook, Telegram, RSS or email (scroll down to the bottom of this page to subscribe). Bitcoin never sleeps. Neither do we .

Disclaimer: This press release is for informational purposes only, the information does not constitute investment advice or an offer to invest. The opinions expressed in this article are those of the author and do not necessarily represent the views of CriptomonedaseICO , and should not be attributed to, CriptomonedaseICO .

Unase a WWW.CRIPTOMONEDASEICO.COM la mejor comunidad de TELEGRAM sobre Criptomonedas, Bitcoin y trading


Deja una respuesta

Su dirección de correo electrónico no será publicada.

fifteen + twelve =

Suscríbete a nuestro Boletín de Noticias
Regístrese aquí para recibir las últimas noticias y actualizaciones directamente en su bandeja de entrada.
Puedes darte de baja en cualquier momento