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The ETF approval keeps getting delayed, and this wave from the SEC is very reminiscent of the "crypto circle father-in-law".
The SEC's decision to delay the cryptocurrency ETF is not the first time. To put it bluntly, its stance is like that of a picky father-in-law—expecting a son-in-law (the ETF) while also finding him not stable enough. As a result, the evaluation period is extended indefinitely.
The logic is actually very clear: once the ETF is approved, it will attract a massive influx of institutional funds into the cryptocurrency market. The SEC is certainly concerned about wha
View OriginalThe ETF approval keeps getting delayed, and this wave from the SEC is very reminiscent of the "crypto circle father-in-law".
The SEC's decision to delay the cryptocurrency ETF is not the first time. To put it bluntly, its stance is like that of a picky father-in-law—expecting a son-in-law (the ETF) while also finding him not stable enough. As a result, the evaluation period is extended indefinitely.
The logic is actually very clear: once the ETF is approved, it will attract a massive influx of institutional funds into the cryptocurrency market. The SEC is certainly concerned about wha