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operations | 0. | 0. | comment |
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1. | parent_author | "" |
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parent_permlink | hive-167922 |
---|
author | asteroids |
---|
permlink | crypto-etfs-are-gonna-happen-sooner-than-people-realize |
---|
title | "Crypto ETFs Are Gonna Happen Sooner Than People Realize" |
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body | "![image.png](https://images.hive.blog/DQmTFHVFeFbBCuwRnJb9ukcVsBjPuaG2LfEKagqL9SQLroc/image.png)
In a recent statement, the SEC has shown their increasing friendliness to the possibilities of crypto ETF.
> "Our door is wide open. If you want to tokenize the ETF product in a way that adds efficiency, we want to meet with you and we want to facilitate that. Of course, you must register it and do what you would do with any other ETF."
Crypto ETFs are old news at this point. People have been trying to get these things approved for longer than 99% of cryptocurrencies have existed.
With that in mind, **the actual release of a crypto ETF** is an entirely new story.
That would be extremely newsworthy.
Seeing a crypto ETF in the real world and getting real volume would mean a whole new class of investors and with them, a whole new perspective of the robustness and adoption of Bitcoin and other cryptos.
I think we're on the verge of a Bitcoin ETF. My prediction is that we'll see one approved by the end of 2021.
Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@asteroids/crypto-etfs-are-gonna-happen-sooner-than-people-realize)" |
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json_metadata | {"app":"leofinance/0.2","format":"markdown","tags":["sec","crypto","etf","bitcoin","moon","trading","btc","neoxian","palnet","leofinance"],"image":["https://images.hive.blog/DQmTFHVFeFbBCuwRnJb9ukcVsBjPuaG2LfEKagqL9SQLroc/image.png"]} |
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