SEC Commissioner: Bitcoin ETF Will "Eventually" Be Approved - Nylusion
2019-02-09 10:01:50 Discuss SEC commissioner Robert J. Jackson Jr. believes that a Bitcoin exchange traded fund will eventually satisfy the commission's standards. The Securities and Exchange Commission has so far denied and delayed all Bitcoin ETF applications they have received. Eventually, do I think someone will satisfy the standards that we've laid out there I hope so, yes, and I think so In an interview, Jackson stated that a number of cryptocurrency-based applications await the agency's decision. He would not speculate on whether they will be approved or even when. SEC chairman Jay Clayton however, doesn't see a pathway for a Bitcoin or cryptocurrency ETF to be approved until concerns of market manipulation are addressed.
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