For years, spot ETFs were denied. One of the main reasons for denial was a lack of a surveillance sharing agreement. Why didn’t another firm develop a surveillance agreement earlier? What a joke. Blackrock comes in and gets it done. All the other applicants were amateurs. You can say it is corruption if Blackrock gets approved first, but it would be due to competence-not corruption.

I’m not supporting Blackrock. I’m just irritated by all the amateurs. Wtf.