Following the news that the United States of America SEC has denied yet one more Bitcoin ETF last week. Analysts have weighed in on the probability of such a product being launched for the crypto plus within the close to future. Todd Rosenbluth, of the monetary analysis firm CFRA, believes we have a tendency to may well be waiting for an honest whereas longer for the regulator to give a green light to any BTC ETF proposal.
The SEC has considerations concerning Bitcoin market manipulation and fraud. It cited terribly similar reasons for the various Bitcoin ETF proposals already knocked back.
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