SEC Punts On Combined Bitcoin And Ethereum ETF
Wall Street is at it again.
The SEC is has opened up a 45 day window for commenting on an application for a combined Bitcoin and EThereum ETF. This is on the heels of the NASDAQ file an application to offer options on the Blackrock Ethereum ETF.
In this video I discuss Wall Street and how it is going to affect crypto. This is something that was evident and not unforeseen.
Here is a link to the article mentioned in the video:
https://decrypt.co/243979/sec-punts-decision-hashdex-combined-bitcoin-ethereum-etf
▶️ 3Speak
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I'm a bit surprised at how fast they are suddenly trying to put out these different crypto options/products. Maybe the big companies bought up a lot of tokens when the price went down and are now coordinating with the SEC to put out more. Your inputs are helpful in understanding how it will affect crypto. Thanks.