It seems like Bitcoin exchange traded funds are just not meant to be. They were rejected by the regular SEC staff at first, but later on SEC’s spokesperson Hester Peirce demanded to reconsider the rejection

We remind you that this decision was actually supposed to be released only in September.

Although the SEC keeps silent still, most experts believe that the ETFs are doomed. A famous crypto analytics specialist Mati Greenspan said the

following

:

“ Unfortunately, it does seem that the 9 will indeed remain rejected and that Hester was only following protestful protocol by ordering the review. ”

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