Government doing its best to stop #bitcoin adoption
“In our view, the Commission is using a different set of goalposts from those it used—and still uses—for other types of commodity-based ETPs to keep these spot bitcoin ETPs off the exchanges we regulate.”
#news #sec #vaneck
The delay if a spot ETF in the USA appears to be intentional, but why ?
Wondering that myself. Could be to slow adoption by not making it popular or trying to keep institutional money flowing into it. We just saw this and if people start to see it more it might cause a large amount of funds to go into bitcoin itself. https://u.today/bitcoin-outperforms-nasdaq-sp-500-dow-jones-and-gold-combined
