I can name up more reasons why an ETF will yet again be rejected. I seriously hoped that we would leave this nonsense behind, but some find it necessary to keep believing in something that doesn't stand a chance to be approved.
It would be a good thing for the SEC to reject all proposals at once and clearly state that it is a waste of time to keep trying. That's the most we can ask for with how they won't ever prevent any entity from trying to do it anyway.
What's probably happening in the background is that the SEC might not even look one second at the comments that came in recently. They already know that it isn't going to happen. It's basically how regulators always work.
The only thing they do is make it look like they are trying to make things happen.
That's true and sad to heard on that's news
ETF approval are have good effects to bitcoin price jump
but supposedly without etf approval bitcoin will stay strong and their price rebond again if the US SEC serous for this etf discussion they give time to review and revise all the rules
Came from the proposal submitted from their office subject to change all rules for f needed