RE: Bitcoin ETF Incoming ?
BITCOIN ETF IS INEVITABLE, SAYS SEC COMMISSIONER “A Bitcoin ETF is a matter of when, not if, for SEC Commissioner Robert J. Jackson Jr. The Commission’s lone Democrat expects a Bitcoin ETF filing to eventually satisfy all of the required standards set forth by the body..” https://bitcoinist.com/bitcoin-etf-inevitable-sec-commissioner/
Crypto Mom Admits the U.S. SEC is ‘Impulsive in Running Away’ from Bitcoin
” In a recent speech at the University of Missouri School of Law, U.S. Commissioner Hester Peirce (‘Crypto Mom’) admitted the SEC has a tendency to flee from anything to do with digital currencies.
We rightfully fault investors for jumping blindly at anything labeled crypto, but at times we seem to be equally impulsive in running away from anything labeled crypto.
REGULATION SHOULD NOT STRANGLE INNOVATION
Peirce went on to suggest that the SEC should not rush into enforcing regulations. And that they owe it to investors to carry out their own due diligence when it comes to emerging fields.
We owe it to investors to be careful, but we also owe it to them not to define their investment universe with our preferences. ”