NEWS ROUNDUP: The Wreckage Of Blockfi, 3AC, Celsius and More ep269
BTC Sessions
00:00
Will the SEC Approve a Bitcoin ETF?
The SEC keeps on refusing to approve any of these products. In the meantime, you've got grayscale and that's a closed end fund. So what ends up happening is if you don't have direct convertibility, then you're not going to have a direct price correlation. And so all these investors that are sitting on GBTC are getting arguably pretty hurt specifically by the SEC.
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