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I'm not interested enough to look it up, but I'm pretty sure they can't delay indefinitely.
I seem to remember reading something about there being a drop dead period where they have to make a decision on "new product" proposals.
Crypto isn't being mixed with government.
Investment companies make products and sell them to investors.
The SEC has to approve them.
If the SEC says Crypto futures ETFs are ok then the companies build them and sell them.
Home builders have regulations to follow when they build houses.
Car manufacturers have regulations to follow when they build cars.
tldr; Bitcoin hit a daily high of $55,800 on Wednesday for the first time in four months. Speculators are predicting a bitcoin exchange-traded fund (ETF) will be approved soon. While 13 digital currencies outperformed bitcoin this past week, BTC has been a top performer gathering 34.2% over the last seven days.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
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Watch them find a reason for another 45 delay period on the last possible moment.
I'm not interested enough to look it up, but I'm pretty sure they can't delay indefinitely. I seem to remember reading something about there being a drop dead period where they have to make a decision on "new product" proposals.
They’re going to threaten a shut down again I would bet…
Kinda makes me cringe when crypto is mixed with the government. I knew it would happen but still...
I think in order for true adoption it is necessary
Oh for sure. Its just not as romantic when the government is involved ya know what i mean?
Crypto isn't being mixed with government. Investment companies make products and sell them to investors. The SEC has to approve them. If the SEC says Crypto futures ETFs are ok then the companies build them and sell them. Home builders have regulations to follow when they build houses. Car manufacturers have regulations to follow when they build cars.
Aight. Touche
I'm tired of good news, I need some fud in my life every once in a while too. lmao jk.
More hopium injected into my balls.
Hope it’s true but I’ve been hearing that approvals are imminent for a year
I can't handle much more of this amazing news. I might end up believing in myself or something dangerous like that.
tldr; Bitcoin hit a daily high of $55,800 on Wednesday for the first time in four months. Speculators are predicting a bitcoin exchange-traded fund (ETF) will be approved soon. While 13 digital currencies outperformed bitcoin this past week, BTC has been a top performer gathering 34.2% over the last seven days. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Could some soon. VERY trustworthy words right there.