RATE Group | Bitcoin ETF: when nature opposes reason
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Bitcoin ETF: when nature opposes reason

16 Nov Bitcoin ETF: when nature opposes reason

Posted at 10:35h in Bitcoin News by

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  • The lack of uniform criteria and practices complicates the adoption of traditional models.
  • Buying and selling a Bitcoin is still far away in usability than any other type of regulated investment.
  • Investment institutions want to enter this juicy market, but perhaps it’s not made for them.

In our Crypto Today piece, we highlight the statements of Paul Atkins, former Commissioner of the U.S. Securities and Exchange Commission on Bitcoin Exchange Traded Funds (ETFs).

Mr Atkins stated:

The idea with ETFs is to basically start to have more of it [crypto] be a listed security that institutions and retail people could buy, so it’s not just people putting their money into whatever they think they’re putting their money into, but there’s an intermediary type of step between the raw Bitcoin.

The history of proposals to license a Bitcoin ETF is packed with failures, even though U.S. regulators have always left doors open to the future in past denials.

ETFs…

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