this is not the first time that ethics has been rejected, because it was previously rejected. in my opinion there is also a big scenario behind it, but I'm sure they will be pushed and will accept it later
What ethics ? You mean etf ? No it wasnt rejected before but they only cancelled it . maybe your right , there might be a big reason behind this rejection but i also agree that they might accept bitcoin later on because bitcoin is still growing and they dont want to be left behind among other institutions that are already teamed up with bitcoin .
Something I have noticed is the fact that there is less talk about ETF even on this forum, meanwhile Cryptos adoption is growing gradually ,It is better we have adoption driven by retail adoption than by some etf.
You arent alone with that because that is also what i notice . etf hype have subsided for a while because people do also got bored about their false promises . bitcoin is still growing on its own which is a good thing because the growth is natural . we can say that bitcoin can live on its own and how much more if etf is accepted ? The rise can grow more evenly .