With a sudden price drop of 50% in a matter of weeks it is safe to say that there is not going to be an etf anytime soon. Could of happened if there wasn't a price war with shitcoin cash
no it could not have happened even if there was no BCash war and even if price never dropped there still wouldn't have been any ETFs.
SEC is not rejecting ETF only because of price volatility. they are rejecting it because of lack of regulation and the fact that they can not control anything about bitcoin or its market. and they hate decentralization because it will remove them from the world and make SEC obsolete.