Reasons why the SEC will keep on rejecting Bitcoin ETF

[AlexTF.CCN]

Reasons why the SEC will keep on rejecting BitcoinETF: https://cryptocoin.news/news/why-the-sec-will-reject-vanecks-bitcoin-etf-pumped-and-dumped-on-bitmex-19428/

Will they ever approve those?

[isllander]

I think it will happen sooner or later. Bitcoin as its progress can be kept but can not be removed from our lives like electricity, the Internet.

[bitfocus741]

The entire ETF thing will be a huge problem with BTC if it does not get approved. Plus the facts are not in favour towards ETF at all. So they do need to get some good and solid image to strengthen their image in front of SEC

[SoliDCoiNs777]

The Bitcoin ETF rejection by SEC does not matter anymore. The sec rejection could not effect the price of Bitcoin. SEC keeps on rejecting Bitcoin ETF because they think it would be more difficult to regulate Bitcoin ETF effectively.

[babarian]

Reasons why the SEC will keep on rejecting BitcoinETF: https://cryptocoin.news/news/why-the-sec-will-reject-vanecks-bitcoin-etf-pumped-and-dumped-on-bitmex-19428/

Will they ever approve those?

I don't care about what ETF will do to bitcoin, because it doesn't have any impact on the price of bitcoin. bitcoin has been able to stand alone and does not need anything from ETFs. Everything will be alright

[Ilegendph]

The Bitcoin ETF rejection by SEC does not matter anymore. The sec rejection could not effect the price of Bitcoin. SEC keeps on rejecting Bitcoin ETF because they think it would be more difficult to regulate Bitcoin ETF effectively.

Definitely, bitcoin is bitcoin afterall, we don't need aproval from SEC since bitcoin is in demand even without those issues. Just let them realize that they did the wrong thing by simply engaging in the community. They have nothing to do with it because no one owns bitcoin and is readily available in the internet.

[wizardcrypto]

The trend of ETF rejecting bitcoin will continue until the lane man in the street knows how to operate the Internet of things. no the cryptocurrency project have address this challenge yet . not every body on the surface of the earth knows how to operate the internet because of lack of education and illiteracy . if bitcoin must be accepted by ETF then there must an orientation and sensitization in the  mainstream first.

[LinkinPrak852]

Actually it seems that to get the approval from the SEC will be really difficult for the bitcoin Etf. The reasons showed by the SEC are really dangerous and so the project needs to work very hard to sole those problems to convince the SEC and then they can get the approval.

[Bit poul]

It is not possible to remove bitcoin. The popularity of bitcoin is better than other. It will be keep always never be lost or removed. Although I believe it has good future.

[nguoiyeutao696]

Everything is very stable, no matter how the SEC affects bitcoins. My concern is that bitcoin prices are changing day by day and the SEC probably needs something more stable in the market.

[geminiboy]

The Bitcoin ETF rejection by SEC does not matter anymore. The sec rejection could not effect the price of Bitcoin. SEC keeps on rejecting Bitcoin ETF because they think it would be more difficult to regulate Bitcoin ETF effectively.

yes, I agree with you, the journey of bitcoin is very complicated and difficult to control by anyone, I feel better btc moves freely without rules

[cryptosmith03]

This will be really hard to get the approval from the Sec as it has already rejected this. The reasons are very much legitimized to do this rejection. The team now needs to be very much careful to weed out these problems to get the permission to enter in the market.

[dothebeats]

The entire ETF thing will be a huge problem with BTC if it does not get approved. Plus the facts are not in favour towards ETF at all. So they do need to get some good and solid image to strengthen their image in front of SEC

I don't think the SEC not approving ETFs would be a problem, considering that we managed to get this far without the said investment opportunity around back then. The problem I see is bitcoin not receiving enough attention on adoption but rather more on investments and profits, which I think hurts in the long run after some other coin takes the lead price-wise. It might not be in the short-term but eventually, some coin will replace bitcoin at the top if the struggle for control over the market becomes too tight.

[KingKongBong4152]

To be honest, the reasons seems to be something which does not make BTC ETF look good at all.They need to come up with various ways to make the SEC believe that it is a good project and not a malicious one. Only that way they will be able to get the approval.

[ecnalubma]

Bitcoin is decentralized with ETF or not it will not affect the price too much. I believe its not the Bitcoin’s last card to price rally but adoption is the real grow that the community is waiting for. Crypto market may still grow despite of ETF’s rejection the market is very young and soon big investors will realize the important role of Crypto in the space.

[Kuga_ZA]

Bitcoin will be Bitcoin, it will do whatever it wants, regardless of what the SEC decides to do or not to do.

"Dread It. Run From It. Destiny Still Arrives. " - Thanos

[SummerHamster]

SEC is less likely to accept any more ETF proposal this year as per the situation we are observing right now. Morevoer, they have already expressed their concern about Bitcoin market's manipulation and as long as the market is not free of manipulation I don't think we are going to see a ETF proposal to go through.

[ChainFish]

I could have give false hope to people and say ETF will eventually get approved but the truth is that, the manipulation of the market is what stopping Bitcoin ETF to get approved and moreover, the manipulation is likely to stay for a long time with us, as there are definitely a huge number of sharks out there waiting for the perfect opportunity.

[LateMoveR52]

Bitcoin is a popular coin than other coin its progress is up to the mark . It can not remove  it will be always usable and can be kept for now and in the future.

[NeckettMarket]

There are many reason behind this rejection some are belongs privately SEC. But because of being decentralized and fluctuation  would be major reason for rejection .