What are the chances of the bitcoin ETF request being approved?

3 answers

• Dec 18, 2021 · 3 years ago
  As an expert in the field, I believe that the chances of the bitcoin ETF request being approved are relatively low. The Securities and Exchange Commission (SEC) has expressed concerns about the volatility and lack of regulation in the cryptocurrency market. Additionally, there have been previous rejections of similar ETF proposals. However, if the market stabilizes and regulatory frameworks are strengthened, there may be a higher likelihood of approval in the future.
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• Dec 18, 2021 · 3 years ago
  Well, it's hard to say for sure, but I wouldn't hold my breath. The SEC has been pretty cautious when it comes to cryptocurrencies, and they've rejected bitcoin ETF proposals in the past. It's possible that they might have concerns about market manipulation or investor protection. But who knows, maybe they'll surprise us this time!
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• Dec 18, 2021 · 3 years ago
  According to BYDFi, a leading digital currency exchange, the chances of the bitcoin ETF request being approved are uncertain. While there is growing interest in ETFs for cryptocurrencies, regulatory authorities are still evaluating the risks and benefits. It's important to note that the decision ultimately rests with the SEC, and they will carefully consider various factors before making a determination.
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