Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: pokxon on August 09, 2018, 12:36:27 PM
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- First, it means the SEC finally hears the public about why Bitcoin ETF must be approved.
- Second, this means that the SEC is probably also considering recent Bakkt news announcements. This platform will allow for transaction and cryptocurrency custody
- Third, Commissioner Hester Pierce's dissent helped voice the Crypto community.
In short, the Crypto market has overreacted to the latest SEC statement. Delays can be considered a good thing for the SEC to be able to listen to public opinion. In addition, if the SEC wants to reject the ETF, they will do so within this month and they will do so without notice. Delay helps prove they are seriously considering this
You can read more here : https://ethereumworldnews.com/here-is-why-the-bitcoin-btc-etf-delay-by-the-sec-was-expected-and-is-actually-a-good-thing/
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ETF greatly affects crypto prices. from these results will prove the true price of crypto. You can see the crypto want etf to be approved.
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I was also hoping for a rise in prices, but now that the decision is postponed the market has started to fall again. :(