Community post
Bitcoin ETF Rejected Again by SEC
Once again, the fabled Bitcoin ETF has been rejected as an investment product by the SEC.
The Bitcoin ETF has been a lauded catalyst for Bitcoin, and has been rejected on numerous occasions.
Will a Bitcoin ETF ever materialize? It is unknown, but could help Bitcoin along with the futures market.
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Replies (4)
Maybe under a different presidential administration it will happen.
I don't see how it really helps wider adoption of Bitcoin. Unless I am really missing something. It just seems another toy for people with money to make more money. We need better use cases and utility to widen adoption.
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