Topic: Reasons why the SEC will keep on rejecting Bitcoin ETF (Read 275 times)
nobody knows the real reason behind this kind of behavior but we think that they are doing it cause they still don't know about this place soon the world will able to understand how important this thing actually is and then they will accept it and do trading as well
We can still have bitcoin pumped without ETF, consider ETF as a bonus for us having bitcoin popular and pumped.
bitcoin is not a thing which can be removed just li6that, it has already proved that but still some of the companies are rejecting it, I think it is happening because of lack of knowledge about this field and some legal issues so I hope that if they once understand this market they will be friendly enough to accept it
from the very beginning many up and down have can and try to break bitcoin but it is not easy to dump bitcoin and remove it from our life, because of several internal issues some companies has rejected bitcoin but soon everything will be positive for this market
Reasons why the SEC will keep on rejecting BitcoinETF: https://cryptocoin.news/news/why-the-sec-will-reject-vanecks-bitcoin-etf-pumped-and-dumped-on-bitmex-19428/
Will they ever approve those?
Will they ever approve those?
No matter how many times SEC rejects Bitcoin ETF, it will come a time they wouldn't have any choice than to accept it when everything they (SEC) so claim to need would be available to them for adequate verifications.
I think it happen because SEC till now can’t make a proper policy for bitcoin EFT. It is appreciated by most of the people. People will get huge facility if it approve. I think soon it will be approve.
I think SEC will approve it very soon. Electronic fund transfer helps the people to transfer easily their currency. SEC try to secure the EFT process so they take time. Very soon it will approve.
I don't know why this wrong is happening with bitcoin ETF. But in future it will be approved by SEC because BTC still improving but it will take long time to be approved.
The reasons SEC banned bitcoin are legit for now I guess. The market is full of scams right now in this situation, So if SEC approved bitcoin the scams will more increase. But I think SEC will soon approve bitcoin because it is popular.
SEC declined bitcoin ETF because ETF still bot able to fullfil the requirement which fixed by SEC. But ETF developing for get approved by SEC.
I already knew this was coming but we, the crypto enthusiasts should also stop giving much heed to what SEC doing or saying right now. We have decided to invest on a coin or a system that does not care about what the authority says and wants but now we are waiting for the authority's approval. It's high time for us to understand that SEC needs Bitcoin ETF, not us.
There are many reason behind this rejection some are belongs privately SEC. But because of being decentralized and fluctuation would be major reason for rejection .
Bitcoin is a popular coin than other coin its progress is up to the mark . It can not remove it will be always usable and can be kept for now and in the future.
I could have give false hope to people and say ETF will eventually get approved but the truth is that, the manipulation of the market is what stopping Bitcoin ETF to get approved and moreover, the manipulation is likely to stay for a long time with us, as there are definitely a huge number of sharks out there waiting for the perfect opportunity.
SEC is less likely to accept any more ETF proposal this year as per the situation we are observing right now. Morevoer, they have already expressed their concern about Bitcoin market's manipulation and as long as the market is not free of manipulation I don't think we are going to see a ETF proposal to go through.
Bitcoin will be Bitcoin, it will do whatever it wants, regardless of what the SEC decides to do or not to do.
"Dread It. Run From It. Destiny Still Arrives. " - Thanos
"Dread It. Run From It. Destiny Still Arrives. " - Thanos
Bitcoin is decentralized with ETF or not it will not affect the price too much. I believe its not the Bitcoin’s last card to price rally but adoption is the real grow that the community is waiting for. Crypto market may still grow despite of ETF’s rejection the market is very young and soon big investors will realize the important role of Crypto in the space.
To be honest, the reasons seems to be something which does not make BTC ETF look good at all.They need to come up with various ways to make the SEC believe that it is a good project and not a malicious one. Only that way they will be able to get the approval.
The entire ETF thing will be a huge problem with BTC if it does not get approved. Plus the facts are not in favour towards ETF at all. So they do need to get some good and solid image to strengthen their image in front of SEC
I don't think the SEC not approving ETFs would be a problem, considering that we managed to get this far without the said investment opportunity around back then. The problem I see is bitcoin not receiving enough attention on adoption but rather more on investments and profits, which I think hurts in the long run after some other coin takes the lead price-wise. It might not be in the short-term but eventually, some coin will replace bitcoin at the top if the struggle for control over the market becomes too tight.
This will be really hard to get the approval from the Sec as it has already rejected this. The reasons are very much legitimized to do this rejection. The team now needs to be very much careful to weed out these problems to get the permission to enter in the market.
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