I just read an article (link below) and it got me thinking if this could be a blessing in disguise. After all, there is trepidation in some Bitcoin communities that Wall Street involvement in Bitcoin with the introduction of Bitcoin ETFs and now proposed Options Trading on Bitcoin ETFs is akin to “Paper Bitcoin” with negative and detrimental ramifications for Bitcoin adoption. So then, is it good for Bitcoin when those trying to introduce these new “Bitcoin Financial Instruments” are ‘forced’ to back down due to SEC scrutiny? Is SEC unwittingly helping Bitcoin through these actions?
pull down to refresh