Has there been any progress towards a Bitcoin ETF?

3 answers

• Dec 20, 2021 · 3 years ago
  As of now, there has been no official approval for a Bitcoin ETF. The Securities and Exchange Commission (SEC) has been reviewing several proposals but has not made a decision yet. It is important to note that the SEC has expressed concerns about market manipulation, custody, and liquidity issues associated with Bitcoin ETFs. However, there is ongoing discussion and efforts by various parties to address these concerns and make progress towards the approval of a Bitcoin ETF.
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• Dec 20, 2021 · 3 years ago
  Unfortunately, there hasn't been much progress towards a Bitcoin ETF. The SEC has been cautious about approving such products due to concerns about market manipulation and investor protection. While there have been multiple proposals submitted, they have faced significant regulatory hurdles. However, the cryptocurrency industry remains optimistic and continues to work towards addressing the SEC's concerns and gaining approval for a Bitcoin ETF.
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• Dec 20, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, has been actively involved in the push for a Bitcoin ETF. They have been working closely with regulators and industry stakeholders to address the concerns raised by the SEC. BYDFi believes that a properly regulated Bitcoin ETF can provide investors with a secure and accessible way to invest in Bitcoin. While progress has been slow, BYDFi remains committed to advancing the development of a Bitcoin ETF and is hopeful for a positive outcome in the near future.
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