Bill Barhydt Predicts Bitcoin ETF Approval Next year

Bill Barhydt Predicts Bitcoin ETF Approval Next year
фото показано с : cryptodaily.co.uk

2018-9-7 15:30

Bill Barhydt, the CEO of BTC payment company Abra, believes Bitcoin will receive ETF approval in 2019. While the SEC recently rejected no less than nine Bitcoin ETF applications by GraniteShares, Direxion and ProShares, Bill claims the sole reason these applications were rejected is because they failed to meet the existing expectations of the SEC.

“The people doing the applications don’t fit the mould of who they are used to approving,” explained Bill, a former Goldman Sachs employee.

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