Will the SEC finally approve an ETF??

in #cryptocurrency7 years ago

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I don't wanna say it's a definite thing, but can anybody give me one reason that it wouldn't happen now? The short version:

"Dalia Blass of the Ropes & Gray law firm has been tapped to head the SEC’s Division of Investment Management which regulates, and approves or disapproves, exchange traded funds (ETFs). Blass’ firm, Ropes & Gray, represents the Winklevoss twins in their efforts to create a Bitcoin ETF."

Here we go, ladies and gentlemen.

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https://cointelegraph.com/news/lawyer-at-firm-advising-winklevoss-twins-tapped-as-secs-etf-regulator

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Definitely a move is a positive direction. I doubt it tho. I mean lets face it, its more of a security by their terms, well, by anyones really. I wish they would hurry up and make a move one way or the other tho, Im in the usa and they are really starting to be a pain. Thanks for the share, thats a interesting bit of news to keep an eye on.