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Bitcoin ETF Could Be Approved Anytime – Expert Opinion


Note: “This analysis is an adaptation from the work of Mati Greenspan, Senior Market Analyst at eToro

Key Highlights:

  • Bitcoin ETF could happen any day as VanEck renews his proposal
  • 3 out of 4 SEC commissioners seems to be crypto friendly
  • Crypto prices bounce back over the weekend

Bitcoin ETF approval may just happen any day

With the withdrawal and renewal of VanECK’s proposal, it seems that some of the key players are now far more optimistic that a bitcoin ETF could be approved sometime soon. The decision to approve or disapprove falls on the SEC, so let’s take a look at who is making the decisions…

Commissionor

Hester Peirce is by far the biggest bitcoin advocate on the panel. Many prefer to call her by the nickname Crypto Mom. The newest member, Elad Roisman, is also a known crypto advocate.

Last week Robert Jackson also made headlines speaking in favor of cryptos. So the toughest walnut to crack remains Chairman Jay Clayton, who continues to engage with the crypto community, but so far…



Read Full Story : Coingape

2019-02-11 21:23:58

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