“If the SEC is anti-crypto, they’ve shot themselves within the head. If that they had simply quietly permitted the Grayscale ETF utility all these a few years in the past, there could be a number of crypto ETFs on the market with out a lot fanfare. By delaying so long as they’ve, they’re creating much more free publicity for crypto. Additionally, they seem like consciously setting it up in order that a number of ETFs will begin buying and selling on the identical time. Regardless of the cause, they’re invoking the advertising would possibly of the most important behemoths on Wall Road to begin peddling these ETFs. Count on to see plenty of promoting pushing numerous crypto merchandise. If the SEC would not need Mr. and Mrs. Primary St to take a position their IRAs in crypto, the SEC selected precisely the incorrect strategy.”
