According to managing Director and head of the research Department of the company Bitwise Matt Hugan currently approved to launch a bitcoin ETF as close as never before. Your thoughts on this specialist shared during his interview with CNBC.
“The SEC has until Monday to give negative or positive answer on our request to launch a bitcoin ETF. The experts of the Commission can no longer postpone the decision. We will continue to follow the news on this topic. Further, after extension of the decision of the SEC, regardless of whether it is positive or negative, we will move on. I think this week will be extremely thrilling” – described the current situation Matt Hogan.
We will remind, the team of the Commission on securities and exchange Commission (SEC) shall submit its decision on the application to launch a bitcoin ETF filed by team Bitwise, up to 13 October. The transfer deadline is not possible.
It is noteworthy that earlier the head of the SEC, Jay Clayton presented his vision of the current situation of the bitcoin ETF. According to experts, for approval of a financial instrument it is necessary to solve a number of additional questions.
In the most optimistic vision of the situation on the bitcoin ETF from the Chairman of the Commission, representatives of the crypto community are resigned to a possible failure.
We will remind, recently it became known that in anticipation of an early decision by the SEC, one of the participants, the purpose of which was the launch of a bitcoin ETF, withdrawn