According to CNBC, at the Consensus Invest Conference in New York City recently, Clayton said:
What investors expect is that trading in the commodity that underlies that ETF makes sense and is free from the risk of manipulation. It’s an issue that needs to be addressed before I would be comfortable.
read more from source link
Source of shared Link
I guess this means the price will start dropping again. It's good that they want to protect the market from manipulations, but this frequent news about etc approval is getting to be manipulation itself
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We need a bit more description regarding this matter about the No Bitcoin ETF Before Important Changes to BTC Markets: SEC Chairman
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @kk888! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOPDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit