The SEC has always endorsed the ETF, pending greater stability: lawyers

in #cryptocurrency7 years ago (edited)

Kathleen Moriati, a law firm partner, who helped develop the first ETF, Arnold and Porter, says the SEC is still waiting for the bitcoine ETF or crypto.

In March of this year, the commission rejected the attempt of the first ETF Bitcoin, submitted for approval by the couples of Winnievvis. However, the new
It is expected that the Bitcoin ETFs will be able to re-launch the market quickly when the ETFs by a limited number of lawyers. In charge SC The department was appointed director.

However, Washington DC organized by the Association and the University of New York Mori's remarks on the event of an ETF show a reason why hope is in advance. On the incident, Mori made it clear that the SEC is still waiting for greater stability than the bitcoin market before clearing the ETF crypto. There is debate about whether bitcoin ETF is good for a cryo-directional market. Holder of assets and institutionalized a new source of investment. Others see it as identifying the same threat in a property where there is no risk.

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