SUPREMOCOC Posted December 7, 2018 #1 Posted December 7, 2018 The SEC has delayed the aproval of an ETF ( exchange-traded fund) at the Digital Asset Investment Forum held in Washington D.C. the 5th of December. Some people think that this is to manipulate the market and cause it to go down ( a thing which has already happened, because the price of BTC has already gone down below 3400$). Do you guys think this is a manipulation? Link to the article: https://cointelegraph.com/news/dont-hold-your-breath-waiting-for-bitcoin-etf-says-sec-crypto-mom
wry Posted December 8, 2018 #2 Posted December 8, 2018 This is not manipulation. This is a regulatory body being ridiculous. The reasons given are problems with holding Bitcoins, so called custody issues, and the potential for market manipulation. What is so bogus is that Bitcoin futures markets already exist. So it is fine for investors to place bets on what the price of bitcoin will do on securities markets but they can't buy bitcoin on securities markets. It's literally insane. If I didn't know better I'd say the U.S. government is afraid of Bitcoin.
Featured Comment
Archived
This topic is now archived and is closed to further replies.