What is the current status of the appeal for the Bitcoin ETF?

3 answers

• Mehboob DeoraSep 09, 2023 · 2 years ago
  As of now, the appeal for the Bitcoin ETF is still pending. The Securities and Exchange Commission (SEC) has not yet made a final decision on whether to approve or deny the appeal. The chances of it being approved are uncertain, as the SEC has previously expressed concerns about the volatility and lack of regulation in the cryptocurrency market. However, there is growing interest and demand for a Bitcoin ETF, which could potentially sway the decision in favor of approval. Only time will tell.
  497

  249
• MounyaDjabbourMar 28, 2023 · 2 years ago
  The appeal for the Bitcoin ETF is currently in limbo. The SEC has been cautious in approving any cryptocurrency-related ETFs due to concerns about market manipulation and investor protection. While there is a possibility of approval, it is important to note that the SEC has rejected several Bitcoin ETF proposals in the past. It is crucial for the ETF to address these concerns and provide a robust framework for investor protection in order to increase the chances of approval.
  479

  160
• FRANKMar 02, 2022 · 3 years ago
  The appeal for the Bitcoin ETF is still under review by the SEC. While it is difficult to predict the outcome, there are several factors that could influence the decision. The recent surge in institutional interest and adoption of Bitcoin has created a more favorable environment for the approval of a Bitcoin ETF. Additionally, the SEC has shown a willingness to consider ETF proposals that address concerns related to market manipulation and custody of assets. However, it is important to note that the SEC's primary concern is investor protection, and any proposal must demonstrate sufficient safeguards to mitigate risks before it can be approved.
  651

  163