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Monday, July 23, 2018 1:19:22 PM
“I would call it 90% at this point. The crypto markets have moderated and regulators have watched the lack of drama surrounding Bitcoin futures across several global exchanges. The price moderation and adoption of a ‘peer product’ is what the conversations have centered around. In January we were justifiably concerned about a bubble and the harm a quickly approved product could attract speculators and create losses that led to significant lawsuits. Now, those factors seem to be mitigated significantly.”
[link to www.zerohedge.com (secure)]
Seems like a done deal, there may be a delay for regulations sake but the approval seems forthcoming.
Note however the statement about "Drama and Futures..."
SEC allowed futures so BTC could be "tamed" as the chairman said
BTC has indeed been tamed and now that the price fluctuations and volatility have decreased, they may now allow an ETF..
ETF is bullish dont get me wrong, HOWEVER they want a stable market for it...
we may not see the crazy highs some were projecting, at least not all at once!
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