With the news of another ETF being withdrawn at the request of the SEC it has me thinking, is the SEC in bed with another company to be the first to release an ETF?

News of the recent Reality Shares ETF being withdrawn at the request of the SEC because after 75 days the ETF would have been automatically accepted, this coincides with the recent withdrawn ETFs of VanEck ETF in January during the government shut down by the request of the SEC as it would have been automatically accepted in February.

This surely can’t be a coincidence, right? The Sec is claiming to hold all the ruling power when it comes to the crypto-space but once you play by their rules and apply directly through them, they reject your plan or hold off till they make you withdraw before automatic acceptance.

This really has come across to me as being very weird could the SEC be in bed with another company, they plan on letting have the first ETF? there would be a lot of money available to whoever gets accepted first, with cryptocurrencies being a very lucrative market.

The Winklevoss twins have a real connection to the SEC with them hiring ex-SEC chiefs to govern over their ETF application, they’ve even gone as far as hiring auditors and law firms to convince the SEC but to no avail thus far.

It’s my hunch that the first ETF in the crypto space will be from the Winklevoss twins, they’ve been applying for years now and are deep into the SEC from my understanding.

Could the SEC have a deal lined up with the Winklevoss twins? I sure think it could be possible…

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