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Learning & News => News related to Crypto => Topic started by: newshunter on February 18, 2021, 07:00:30 PM

Title: Bitcoin ETF approval more likely under new SEC leadership, says Ark Invest CEO
Post by: newshunter on February 18, 2021, 07:00:30 PM

Bitcoin ETF approval more likely under new SEC leadership, says Ark Invest CEO

"I think the probability of an ETF has gone up," said Cathie Wood

Source: Bitcoin ETF approval more likely under new SEC leadership, says Ark Invest CEO (https://cointelegraph.com/news/bitcoin-etf-approval-more-likely-under-new-sec-leadership-says-ark-invest-ceo)

Would appreciate your opinion about this

Title: Re: Bitcoin ETF approval more likely under new SEC leadership, says Ark Invest CEO
Post by: TomPluz on February 19, 2021, 05:21:04 AM

I read somewhere that an ETF is actually not good for any asset as this has the tendency to taper off any outstanding growth possibility and it happened to gold and other invested assets. Though am not sure if that is a good and well-researched observation. Anyway, I am still welcoming the possibility of an ETF based in the USA. I think there was already one approved in Canada right now. With the current bull run, many projects are gonna be introduced into the market hopefully getting some taste of the possible profits that can be made out of this rising star called Bitcoin.