ETFs are marketable securities that track an index, commodity, or basket of assets, that are proportionately represented in the fund’s shares.
The SEC cited failure to prevent manipulation and fraud as well as failure to prove Bitcoin markets are “markets of significant size” as reasons for rejection.There are still several Bitcoin ETF applications under review by the SEC. One of the decision is awaited on September 30.
Topic: Bitcoin ETF and USA lawmakers (Read 413 times)
Prohibition of bitcoin in US will put this country on the same level as authoritarian regimes, so they will never do so. There may be some restrictions, but not a complete ban.
members of the USA government different in response to the crypto world, some members choose to make strict rules and some choose to support crypto, the SEC rejects the Bitcoin ETF but does not give a response to US lawmakers who have Bitcoin.
I think it's not objective, if the SEC wants to ban bitcoin ETF, I think the SEC must ban and confiscate bitcoin from every USA resident, including USA lawmakers.
because many from the USA lawmakers that have lots of Bitcoin.
You have made a very good point here. I have always had this believe that even our politicians or lawmakers also have bitcoin and cryptos therefore it will be difficult for bitcoin to completely be banned. I think it's not objective, if the SEC wants to ban bitcoin ETF, I think the SEC must ban and confiscate bitcoin from every USA resident, including USA lawmakers.
because many from the USA lawmakers that have lots of Bitcoin.
this will cause great chaos within the United States. I think the USA government is a bitcoin investor. so it would be strange that they do not invest while BTC is so profitable.
Such pronouncement like banning of bitcoin will not be make by USA lawmakers in a hast, As you have said most rich and prominent class in USA are in possession of bitcoin. I think owning of bitcoin and trading should personal decision and risk.
This emerging technology is generating a huge amount of interest amongst the technology community in Silicon Valley and elsewhere.
The Bitcoin is a popular digital cryptocurrency around whole world. If USA government does not support Bitcoin ETF then its effects will fall in cryptocurrency around the world. So, I do not think that SEC would make any such decision. Hopefully, it will be resolved very quickly.
Yes you are right if the SEC does not support Bitcoin ETF, then everyone should have the same rules. But I think within a short time the US government and SEC will support Bitcoin ETF.
This etf decision create a great impact in the btc market. SEC should announced a decision either reject or accept with without postpone the decision.
As I know that USA lawmaker set some strong law about EFT. And I believe soon they will approve it because its not harmful it’s a great thing for digital currency world. To maintain it properly they made a law so wait more time.
i'm agree with you. if bitcoin ETF are approve SEC it is good sign for bitcoin. it will increasing price and make profit. people also increase their investment . but they do not approve it does not affect in bitcoin price. i think bitcoin future are more secure.
Bitcoin ETF are approved by SEC it is good sign for bitcoin. its make more security and ensure more profit for investor. people are increasing their interest to invest here. but do not approve bitcoin ETF its does not affect bitcoin price because bitcoin are permanently settled in people mind . thats why its future are more profitable.
Bitcoin ETF are approved by SEC it is good sign for bitcoin. its make more security and ensure more profit for investor. people are increasing their interest to invest here. but do not approve bitcoin ETF its does not affect bitcoin price because bitcoin are permanently settled in people mind . thats why its future are more profitable.
Really? I thought that the SEC decision for ETF will schedule on September 25, 2018. Is it a fake news? Because until now, I won't recieve any information about ETF. But if that really happens then it is great! I assume that BTC will fluctuate more in this upcoming days. More power to bitcoin exchanges.
Bitcoin ETF are approved by SEC it is good sign for bitcoin. its make more security and ensure more profit for investor. people are increasing their interest to invest here. but do not approve bitcoin ETF its does not affect bitcoin price because bitcoin are permanently settled in people mind . thats why its future are more profitable.
members of the USA government different in response to the crypto world, some members choose to make strict rules and some choose to support crypto, the SEC rejects the Bitcoin ETF but does not give a response to US lawmakers who have Bitcoin.
I think it's not objective, if the SEC wants to ban bitcoin ETF, I think the SEC must ban and confiscate bitcoin from every USA resident, including USA lawmakers.
because many from the USA lawmakers that have lots of Bitcoin.
I think it's not objective, if the SEC wants to ban bitcoin ETF, I think the SEC must ban and confiscate bitcoin from every USA resident, including USA lawmakers.
because many from the USA lawmakers that have lots of Bitcoin.
From what i am read, SEC want to rescheduling ETF approval. I am optimistic ETF will be approved by regulator because many politician keep bitcoin as their investment. I think ETF approval just matter of time
the USA law system decided to be very strict about the bitcoin market , which is very disappointing and the investors are demanding to make things easy for the market so we all are hoping that situation will be turn in favor of the trading market but nothing can be ensure yet
It is surely hypocrisy. This double standard decision banning of Bitcoin ETF but saying nothing to the lawmakers who have Bitcoin proves that their rules and regulation will be for others not themselves
members of the USA government different in response to the crypto world, some members choose to make strict rules and some choose to support crypto, the SEC rejects the Bitcoin ETF but does not give a response to US lawmakers who have Bitcoin.
I think it's not objective, if the SEC wants to ban bitcoin ETF, I think the SEC must ban and confiscate bitcoin from every USA resident, including USA lawmakers.
because many from the USA lawmakers that have lots of Bitcoin.
I think it's not objective, if the SEC wants to ban bitcoin ETF, I think the SEC must ban and confiscate bitcoin from every USA resident, including USA lawmakers.
because many from the USA lawmakers that have lots of Bitcoin.
Of course, those lawmakers are not stupid and know whats coming. Also different opinions on a subject is called democracy.
Since it's a federal government each state is free to have their own laws related to Bitcoin until a certain point. The struggle will continue until more of them see the profits they can get from it, legally. It's something really valuable hiding in plain sight. It's how i would personally describe Bitcoin itself.
The SEC’s decision is incomplete and I find it very confusing. I don’t understand why they did it considering the potential of ETF. I hope they get some sense to understand the importance of it
First of all this decision is nothing but a disgusting and narrowed decision which overlooks the potential of Bitcoin. And I also believe this won’t do any good to people
It’s really unexpected and the decision is not clear at all. This is a double standard decision. Completely hypocrisy it is. How can they just ban BTC ETF but saying nothing to the lawmakers I don’t understand.
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