Brian Kelly: A Bitcoin ETF Could Spark A “Nice Rally”
The seemingly never-ending Bitcoin ETF saga has continued, with a recent regulatory development recently sparking discussion within the cryptosphere.
The Bitcoin ETF Debacle Continues
As reported by NewsBTC, on August 22nd, the SEC came out to issue orders of denial for nine ETF proposals from ProShares, Direxion, and GraniteShares. Elaborating on the reasoning behind the verdict, three 26-page SEC documents brought attention to the regulatory body’s fears of manipulation, noting that
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